Insider Buying: Calfrac Well Services Ltd. (TSE:CFW) Director Acquires 75,800 Shares of Stock

Calfrac Well Services Ltd. (TSE:CFW - Get Free Report) Director Charles Pellerin purchased 75,800 shares of the business's stock in a transaction on Monday, April 14th. The stock was purchased at an average cost of C$3.20 per share, with a total value of C$242,560.00.

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

• On Friday, April 11th, Charles Pellerin acquired 72,700 shares of Calfrac Well Services stock. The stock was acquired at an average price of C$3.10 per share, with a total value of C$225,370.00.
• On Friday, April 4th, Charles Pellerin bought 186,400 shares of Calfrac Well Services stock. The shares were acquired at an average cost of C$3.60 per share, for a total transaction of C$671,040.00.
• On Friday, March 14th, Charles Pellerin acquired 530,400 shares of Calfrac Well Services stock. The stock was bought at an average price of C$3.60 per share, with a total value of C$1,909,440.00.
• On Monday, February 24th, Charles Pellerin bought 336,800 shares of Calfrac Well Services stock. The stock was purchased at an average cost of C$3.95 per share, for a total transaction of C$1,330,360.00.
• On Friday, February 21st, Charles Pellerin purchased 24,200 shares of Calfrac Well Services stock. The shares were purchased at an average cost of C$3.90 per share, with a total value of C$94,380.00.
• On Tuesday, February 18th, Charles Pellerin acquired 6,300 shares of Calfrac Well Services stock. The shares were purchased at an average price of C$3.82 per share, for a total transaction of C$24,066.00.
• On Friday, February 14th, Charles Pellerin bought 146,800 shares of Calfrac Well Services stock. The stock was purchased at an average price of C$3.85 per share, with a total value of C$565,180.00.
• On Thursday, February 6th, Charles Pellerin acquired 142,700 shares of Calfrac Well Services stock. The stock was purchased at an average cost of C$3.85 per share, with a total value of C$549,395.00.
• On Wednesday, January 29th, Charles Pellerin acquired 6,400 shares of Calfrac Well Services stock. The stock was bought at an average price of C$3.75 per share, for a total transaction of C$24,000.00.

Calfrac Well Services Trading Up 1.8 %

Shares of CFW traded up C$0.06 during mid-day trading on Friday, reaching C$3.47. The company had a trading volume of 16,449 shares, compared to its average volume of 99,455. The company has a current ratio of 2.23, a quick ratio of 1.33 and a debt-to-equity ratio of 57.80. Calfrac Well Services Ltd. has a fifty-two week low of C$2.98 and a fifty-two week high of C$4.85. The firm has a fifty day simple moving average of C$3.66 and a 200-day simple moving average of C$3.79. The stock has a market cap of C$297.28 million, a price-to-earnings ratio of 10.60, a price-to-earnings-growth ratio of -0.30 and a beta of 1.65.

Analysts Set New Price Targets

Separately, Royal Bank of Canada dropped their target price 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 research report on Thursday.

About Calfrac Well Services

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.