Calfrac Well Services (TSE:CFW) Insider Tyler Dahlseide Acquires 2,500 Shares

Calfrac Well Services Ltd. (TSE:CFWGet Free Report) insider Tyler Dahlseide purchased 2,500 shares of the company’s stock in a transaction on Thursday, May 21st. The stock was acquired at an average price of C$6.16 per share, for a total transaction of C$15,400.00. Following the completion of the transaction, the insider owned 83,024 shares of the company’s stock, valued at C$511,427.84. This represents a 3.10% increase in their position.

Tyler Dahlseide also recently made the following trade(s):

  • On Wednesday, May 13th, Tyler Dahlseide purchased 750 shares of Calfrac Well Services stock. The stock was acquired at an average cost of C$5.40 per share, with a total value of C$4,050.00.
  • On Wednesday, May 13th, Tyler Dahlseide acquired 9,250 shares of Calfrac Well Services stock. The shares were acquired at an average price of C$5.83 per share, with a total value of C$53,927.50.

Calfrac Well Services Price Performance

Shares of CFW traded down C$0.02 during mid-day trading on Friday, hitting C$6.09. The company’s stock had a trading volume of 32,925 shares, compared to its average volume of 132,237. The company has a debt-to-equity ratio of 25.17, a current ratio of 1.48 and a quick ratio of 1.33. The firm has a 50-day moving average price of C$5.82 and a 200 day moving average price of C$4.86. Calfrac Well Services Ltd. has a fifty-two week low of C$3.02 and a fifty-two week high of C$6.80. The stock has a market capitalization of C$611.55 million, a price-to-earnings ratio of 13.24, a PEG ratio of -0.30 and a beta of -0.21.

Calfrac Well Services (TSE:CFWGet Free Report) last released its earnings results on Tuesday, May 12th. The company reported C$0.19 EPS for the quarter. The business had revenue of C$305.37 million during the quarter. Calfrac Well Services had a net margin of 3.29% and a return on equity of 6.49%. On average, research analysts predict that Calfrac Well Services Ltd. will post 0.3798828 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Royal Bank Of Canada upped their target price on Calfrac Well Services from C$7.50 to C$8.00 and gave the company a “sector perform” rating in a report on Wednesday, May 13th. ATB Cormark Capital Markets lifted their price target on Calfrac Well Services from C$7.25 to C$7.50 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$7.75.

View Our Latest Analysis on CFW

Calfrac Well Services Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Calfrac Well Services (TSE:CFW)

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