Charles Pellerin Acquires 186,400 Shares of Calfrac Well Services Ltd. (TSE:CFW) Stock

Calfrac Well Services Ltd. (TSE:CFW) Director Charles Pellerin purchased 186,400 shares of the stock in a transaction on Friday, April 4th. The stock was acquired at an average cost of C$3.60 per share, with a total value of C$671,040.00.

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

• On Friday, March 14th, Charles Pellerin acquired 530,400 shares of Calfrac Well Services stock. The stock was bought at an average cost 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 shares were bought 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 bought at an average price of C$3.90 per share, for a total transaction of C$94,380.00.
• On Tuesday, February 18th, Charles Pellerin acquired 6,300 shares of Calfrac Well Services stock. The shares were bought at an average price of C$3.82 per share, with a total value 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 cost of C$3.85 per share, for a total transaction of C$565,180.00.
• On Thursday, February 6th, Charles Pellerin bought 142,700 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$549,395.00.
• On Wednesday, January 29th, Charles Pellerin acquired 6,400 shares of Calfrac Well Services stock. The stock was purchased at an average cost of C$3.75 per share, for a total transaction of C$24,000.00.

Calfrac Well Services Stock Down 5.1 %

Calfrac Well Services stock opened at C$3.52 on Monday. The business’s 50-day moving average price is C$3.78 and its 200 day moving average price is C$3.84. 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 firm has a market cap of C$301.56 million, a price-to-earnings ratio of 10.75, a price-to-earnings-growth ratio of -0.30 and a beta of 1.65. Calfrac Well Services Ltd. has a 52 week low of C$3.45 and a 52 week high of C$4.85.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. ATB Capital raised Calfrac Well Services from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from C$4.50 to C$5.50 in a report on Tuesday, December 10th. Atb Cap Markets upgraded shares of Calfrac Well Services from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 10th. Finally, Royal Bank of Canada cut their price objective on shares of Calfrac Well Services from C$5.00 to C$4.50 and set a “sector perform” rating on the stock in a research note 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.