Calfrac Well Services Ltd. (TSE:CFW - Get Free Report) insider Mark Ryan Ellingson sold 7,800 shares of the firm's stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of C$6.50, for a total value of C$50,700.00. Following the sale, the insider directly owned 683 shares of the company's stock, valued at C$4,439.50. This represents a 91.95% decrease in their ownership of the stock.
Calfrac Well Services Price Performance
Calfrac Well Services stock traded up C$0.06 on Friday, reaching C$6.41. The company's stock had a trading volume of 69,884 shares, compared to its average volume of 175,205. The business's fifty day moving average price is C$5.42 and its 200 day moving average price is C$4.15. The company has a debt-to-equity ratio of 33.41, a quick ratio of 1.33 and a current ratio of 1.77. The company has a market cap of C$640.18 million, a price-to-earnings ratio of 18.85, a PEG ratio of -0.30 and a beta of 0.23. Calfrac Well Services Ltd. has a twelve month low of C$2.98 and a twelve month high of C$6.67.
Calfrac Well Services (TSE:CFW - Get Free Report) last announced its earnings results on Thursday, March 19th. The company reported C$0.06 earnings per share for the quarter. Calfrac Well Services had a return on equity of 4.57% and a net margin of 2.18%.The company had revenue of C$292.18 million during the quarter. Equities analysts expect that Calfrac Well Services Ltd. will post 0.3798828 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on CFW. Royal Bank Of Canada boosted their target price on shares of Calfrac Well Services from C$5.50 to C$7.00 and gave the stock a "sector perform" rating in a research note on Monday. ATB Cormark Capital Markets raised shares of Calfrac Well Services from a "hold" rating to a "moderate buy" rating and increased their price target for the company from C$5.25 to C$7.00 in a research note on Friday, March 20th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Calfrac Well Services has a consensus rating of "Moderate Buy" and a consensus price target of C$7.00.
View Our Latest Report on CFW
Calfrac Well Services Company Profile
(
Get Free Report)
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.
Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Calfrac Well Services, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Calfrac Well Services wasn't on the list.
While Calfrac Well Services currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.