Calfrac Well Services (OTCMKTS:CFWFF) was downgraded by analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating in a note issued to investors on Monday, The Fly reports.
CFWFF stock opened at $0.99 on Monday. Calfrac Well Services has a 1-year low of $0.94 and a 1-year high of $3.64. The business’s 50 day moving average is $1.13 and its 200-day moving average is $1.58.
Calfrac Well Services Company Profile
Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, Russia, and Argentina. The company offers hydraulic fracturing, coiled tubing, cementing, other well stimulation, and pressure pumping services to oil and natural gas industries.
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