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

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

Calfrac Well Services Stock Down 7.4 %

Calfrac Well Services stock opened at C$3.26 on Tuesday. Calfrac Well Services Ltd. has a twelve month low of C$3.21 and a twelve month high of C$4.85. The stock has a market cap of C$279.29 million, a P/E ratio of 9.96, a P/E/G ratio of -0.30 and a beta of 1.65. The company’s 50-day moving average price is C$3.77 and its two-hundred day moving average price is C$3.83. The company has a quick ratio of 1.33, a current ratio of 2.23 and a debt-to-equity ratio of 57.80.

Analyst Ratings Changes

Several analysts have issued reports 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. Royal Bank of Canada decreased 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 report on Friday, March 14th. Finally, ATB Capital raised Calfrac Well Services from a “sector perform” rating to an “outperform” rating and raised their price target for the company from C$4.50 to C$5.50 in a report 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.