Calfrac Well Services Ltd. (TSE:CFW) Director Charles Pellerin Purchases 186,400 Shares

Calfrac Well Services Ltd. (TSE:CFW) Director Charles Pellerin purchased 186,400 shares of the business’s stock in a transaction dated Friday, April 4th. The stock was bought 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 shares were bought at an average price of C$3.60 per share, with a total value of C$1,909,440.00.
• On Monday, February 24th, Charles Pellerin purchased 336,800 shares of Calfrac Well Services stock. The shares were purchased at an average price of C$3.95 per share, with a total value of C$1,330,360.00.
• On Friday, February 21st, Charles Pellerin acquired 24,200 shares of Calfrac Well Services stock. The shares were purchased at an average cost of C$3.90 per share, for a total transaction of C$94,380.00.
• On Tuesday, February 18th, Charles Pellerin bought 6,300 shares of Calfrac Well Services stock. The stock was purchased 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 shares were acquired 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 acquired 142,700 shares of Calfrac Well Services stock. The stock was acquired at an average cost of C$3.85 per share, with a total value of C$549,395.00.
• On Wednesday, January 29th, Charles Pellerin bought 6,400 shares of Calfrac Well Services stock. The shares were acquired at an average price of C$3.75 per share, for a total transaction of C$24,000.00.

Calfrac Well Services Stock Performance

Shares of TSE:CFW opened at C$3.26 on Tuesday. The firm has a market capitalization of C$279.29 million, a PE ratio of 9.96, a P/E/G ratio of -0.30 and a beta of 1.65. Calfrac Well Services Ltd. has a 12 month low of C$3.21 and a 12 month high of C$4.85. The company has a debt-to-equity ratio of 57.80, a current ratio of 2.23 and a quick ratio of 1.33. The business has a 50-day moving average of C$3.77 and a two-hundred day moving average of C$3.83.

Wall Street Analyst Weigh In

CFW has been the subject of a number of research analyst reports. 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. Royal Bank of Canada lowered their target price on shares of Calfrac Well Services from C$5.00 to C$4.50 and set a “sector perform” rating for the company in a report on Friday, March 14th. Finally, ATB Capital raised shares of Calfrac Well Services from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from C$4.50 to C$5.50 in a research note on Tuesday, December 10th.

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.