Calfrac Well Services Ltd. (TSE:CFW) Director Charles Pellerin Acquires 75,800 Shares

Calfrac Well Services Ltd. (TSE:CFW) Director Charles Pellerin purchased 75,800 shares of the firm’s stock in a transaction on Monday, April 14th. The shares were acquired at an average cost of C$3.20 per share, for a total transaction of C$242,560.00.

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

• On Friday, April 11th, Charles Pellerin bought 72,700 shares of Calfrac Well Services stock. The stock was acquired at an average price of C$3.10 per share, for a total transaction of C$225,370.00.
• On Friday, April 4th, Charles Pellerin purchased 186,400 shares of Calfrac Well Services stock. The shares were acquired at an average price of C$3.60 per share, with a total value of C$671,040.00.
• On Friday, March 14th, Charles Pellerin acquired 530,400 shares of Calfrac Well Services stock. The stock was bought at an average price of C$3.60 per share, for a total transaction 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 price of C$3.95 per share, with a total value of C$1,330,360.00.
• On Friday, February 21st, Charles Pellerin purchased 24,200 shares of Calfrac Well Services stock. The stock was bought 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 acquired 6,300 shares of Calfrac Well Services stock. The shares were bought 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 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 purchased 142,700 shares of Calfrac Well Services stock. The shares were purchased 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 acquired 6,400 shares of Calfrac Well Services stock. The stock was purchased at an average price of C$3.75 per share, for a total transaction of C$24,000.00.

Calfrac Well Services Stock Performance

TSE:CFW opened at C$3.24 on Tuesday. 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’s fifty day simple moving average is C$3.70 and its 200 day simple moving average is C$3.80. The stock has a market cap of C$277.57 million, a P/E ratio of 9.90, a price-to-earnings-growth ratio of -0.30 and a beta of 1.65. Calfrac Well Services Ltd. has a twelve month low of C$2.98 and a twelve month high of C$4.85.

Analysts Set New Price Targets

Separately, Royal Bank of Canada dropped 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.

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.