Insider Buying: Calfrac Well Services Ltd. (TSE:CFW) Director Purchases 472,000 Shares of Stock

Calfrac Well Services Ltd. (TSE:CFW - Get Free Report) Director Charles Pellerin acquired 472,000 shares of the business's stock in a transaction on Friday, June 27th. The stock was acquired at an average price of C$3.35 per share, with a total value of C$1,581,200.00.

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

• On Monday, April 14th, Charles Pellerin bought 75,800 shares of Calfrac Well Services stock. The stock was bought at an average cost of C$3.20 per share, with a total value of C$242,560.00.
• On Friday, April 11th, Charles Pellerin acquired 72,700 shares of Calfrac Well Services stock. The stock was acquired at an average cost 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 price of C$3.60 per share, for a total transaction of C$671,040.00.

Calfrac Well Services Stock Up 1.5%

TSE CFW opened at C$3.40 on Monday. The business has a 50 day moving average price of C$3.38 and a two-hundred day moving average price of C$3.62. Calfrac Well Services Ltd. has a fifty-two week low of C$2.98 and a fifty-two week high of C$4.61. 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 market cap of C$291.28 million, a PE ratio of 10.39, a P/E/G ratio of -0.30 and a beta of 1.65.

Analyst Ratings Changes

Separately, Royal Bank Of Canada dropped their price objective on shares of Calfrac Well Services from C$4.50 to C$3.75 and set a "sector perform" rating for the company in a research note on Thursday, April 17th.

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.

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