Charles Pellerin Acquires 6,300 Shares of Calfrac Well Services Ltd. (TSE:CFW) Stock

Calfrac Well Services Ltd. (TSE:CFW) Director Charles Pellerin acquired 6,300 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was acquired at an average price of C$3.82 per share, with a total value of C$24,066.00.

Charles Pellerin also recently made the following trade(s):

• On Friday, February 14th, Charles Pellerin purchased 146,800 shares of Calfrac Well Services stock. The stock was acquired at an average cost of C$3.85 per share, for a total transaction of C$565,180.00.
• On Thursday, February 6th, Charles Pellerin acquired 142,700 shares of Calfrac Well Services stock. The stock was bought at an average price of C$3.85 per share, for a total transaction of C$549,395.00.
• On Wednesday, January 29th, Charles Pellerin bought 6,400 shares of Calfrac Well Services stock. The shares were bought at an average cost of C$3.75 per share, with a total value of C$24,000.00.

Calfrac Well Services Trading Up 1.3 %

Shares of CFW stock opened at C$3.93 on Thursday. Calfrac Well Services Ltd. has a fifty-two week low of C$3.64 and a fifty-two week high of C$5.38. The company has a 50 day moving average price of C$3.85 and a 200 day moving average price of C$3.89. The company has a debt-to-equity ratio of 57.80, a quick ratio of 1.33 and a current ratio of 2.23. The stock has a market capitalization of C$336.69 million, a P/E ratio of 12.01, a price-to-earnings-growth ratio of -0.30 and a beta of 1.65.

Analyst Ratings Changes

CFW has been the topic of several recent analyst reports. Atb Cap Markets upgraded shares of Calfrac Well Services from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 10th. ATB Capital upgraded Calfrac Well Services from a “sector perform” rating to an “outperform” rating and raised their price target for the stock from C$4.50 to C$5.50 in a research report on Tuesday, December 10th. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$5.00.

Calfrac Well Services Company Profile

Calfrac Well Services Ltd provides specialized oilfield services, including hydraulic fracturing, coiled tubing, cementing, and other well completion services to the oil and natural gas industries in Canada, the United States, Russia, and Argentina. It generates maximum revenue from the United States.