Calfrac Well Services Ltd. (TSE:CFW - Get Free Report)'s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$3.58 and traded as high as C$3.85. Calfrac Well Services shares last traded at C$3.75, with a volume of 6,080 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Royal Bank Of Canada cut their price objective on shares of Calfrac Well Services from C$4.50 to C$3.75 and set a "sector perform" rating on the stock in a report on Thursday, April 17th.
Read Our Latest Analysis on Calfrac Well Services
Calfrac Well Services Stock Up 0.8%
The company has a quick ratio of 1.33, a current ratio of 2.23 and a debt-to-equity ratio of 57.80. The stock has a 50-day simple moving average of C$3.55 and a 200-day simple moving average of C$3.57. The firm has a market capitalization of C$316.98 million, a PE ratio of 11.30, a P/E/G ratio of -0.30 and a beta of 1.65.
Insider Transactions at Calfrac Well Services
In other Calfrac Well Services news, Director Charles Pellerin bought 472,000 shares of the stock in a transaction on Friday, June 27th. The shares were acquired at an average price of C$3.35 per share, with a total value of C$1,581,200.00. 46.88% of the stock is owned by corporate insiders.
About Calfrac Well Services
(
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.
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