Calfrac Well Services (TSE:CFW) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Posted by Brian Himes on Sep 16th, 2026

$Calfrac Well Services logo$ Calfrac Well Services Ltd. (TSE:CFW – Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$6.22 and traded as high as C$7.03. Calfrac Well Services shares last traded at C$6.88, with a volume of 89,932 shares changing hands.

Analysts Set New Price Targets

Separately, ATB Cormark Capital Markets raised shares of Calfrac Well Services from a “hold” rating to a “moderate buy” rating and increased their price target for the stock from C$7.50 to C$9.00 in a report on Tuesday, August 11th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$8.50.

Read Our Latest Analysis on CFW

Calfrac Well Services Price Performance

The company has a 50-day moving average of C$6.67 and a 200 day moving average of C$6.23. The company has a quick ratio of 1.33, a current ratio of 1.52 and a debt-to-equity ratio of 20.48. The stock has a market capitalization of C$695.50 million, a PE ratio of 11.30, a PEG ratio of -0.30 and a beta of -0.26.

Calfrac Well Services (TSE:CFW – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported C$0.32 earnings per share for the quarter. The firm had revenue of C$426.69 million for the quarter. Calfrac Well Services had a net margin of 4.49% and a return on equity of 8.75%. Sell-side analysts predict that Calfrac Well Services Ltd. will post 0.3798828 EPS for the current year.

Insider Activity at Calfrac Well Services

In other Calfrac Well Services news, Director Charles Pellerin sold 100,000 shares of the firm’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of C$7.00, for a total transaction of C$700,000.00. Following the completion of the sale, the director owned 5,814,123 shares of the company’s stock, valued at C$40,698,861. This trade represents a 1.69% decrease in their ownership of the stock. Also, insider Sime Armoyan sold 284,000 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of C$7.30, for a total value of C$2,073,200.00. Following the sale, the insider directly owned 14,800,000 shares of the company’s stock, valued at C$108,040,000. The trade was a 1.88% decrease in their ownership of the stock. Over the last quarter, insiders sold 719,154 shares of company stock valued at $5,109,271. 46.88% of the stock is owned by company insiders.

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.