Calfrac Well Services Ltd. (TSE:CFW) Director Charles Pellerin Acquires 24,200 Shares

Calfrac Well Services Ltd. (TSE:CFW) Director Charles Pellerin purchased 24,200 shares of the business’s stock in a transaction on Friday, February 21st. The shares were bought at an average cost of C$3.90 per share, for a total transaction of C$94,380.00.

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

• On Tuesday, February 18th, Charles Pellerin acquired 6,300 shares of Calfrac Well Services stock. The stock was bought at an average cost of C$3.82 per share, with a total value of C$24,066.00.
• On Friday, February 14th, Charles Pellerin purchased 146,800 shares of Calfrac Well Services stock. The stock was bought at an average cost 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 shares were purchased at an average cost 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 stock was purchased at an average price of C$3.75 per share, with a total value of C$24,000.00.

Calfrac Well Services Price Performance

Shares of CFW stock traded up C$0.01 on Monday, reaching C$3.91. 1,405 shares of the company were exchanged, compared to its average volume of 53,929. Calfrac Well Services Ltd. has a 1 year low of C$3.64 and a 1 year high of C$5.09. 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 business 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 market cap of C$334.97 million, a price-to-earnings ratio of 11.95, a P/E/G ratio of -0.30 and a beta of 1.65.

Analysts Set New Price Targets

Several equities analysts recently weighed in on CFW shares. Atb Cap Markets upgraded Calfrac Well Services from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 10th. ATB Capital upgraded Calfrac Well Services from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company 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 assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.