Calfrac Well Services Ltd. (TSE:CFW) Director Anuroop Duggal Buys 15,000 Shares

Calfrac Well Services Ltd. (TSE:CFW) Director Anuroop Duggal purchased 15,000 shares of the stock in a transaction dated Monday, April 7th. The shares were purchased at an average price of C$3.43 per share, with a total value of C$51,450.00.

Calfrac Well Services Trading Up 0.3 %

Shares of TSE:CFW opened at C$3.27 on Wednesday. The company has a 50 day moving average of C$3.75 and a 200-day moving average of C$3.83. The company has a current ratio of 2.23, a quick ratio of 1.33 and a debt-to-equity ratio of 57.80. The firm has a market cap of C$280.14 million, a P/E ratio of 9.99, a P/E/G ratio of -0.30 and a beta of 1.65. Calfrac Well Services Ltd. has a twelve month low of C$3.19 and a twelve month high of C$4.85.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Atb Cap Markets raised shares of 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 stock from C$4.50 to C$5.50 in a research report on Tuesday, December 10th. Finally, Royal Bank of Canada lowered their target price on Calfrac Well Services from C$5.00 to C$4.50 and set a “sector perform” rating on the stock in a research report on Friday, March 14th.

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.