Calfrac Well Services Ltd. (TSE:CFW – Get Free Report) insider Alif Husein Noorani sold 7,432 shares of the stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of C$5.90, for a total value of C$43,848.80. Following the transaction, the insider owned 145 shares in the company, valued at C$855.50. This trade represents a 98.09% decrease in their ownership of the stock.
Alif Husein Noorani also recently made the following trade(s):
- On Friday, May 15th, Alif Husein Noorani sold 5,900 shares of Calfrac Well Services stock. The shares were sold at an average price of C$5.98, for a total value of C$35,282.00.
Calfrac Well Services Price Performance
Shares of Calfrac Well Services stock traded up C$0.48 during trading on Tuesday, hitting C$6.29. 72,554 shares of the stock traded hands, compared to its average volume of 134,911. The company has a quick ratio of 1.33, a current ratio of 1.48 and a debt-to-equity ratio of 25.17. The stock has a market cap of C$631.41 million, a price-to-earnings ratio of 13.67, a PEG ratio of -0.30 and a beta of -0.21. The firm’s fifty day moving average is C$5.77 and its 200-day moving average is C$4.79. Calfrac Well Services Ltd. has a 52 week low of C$3.02 and a 52 week high of C$6.80.
Analyst Ratings Changes
CFW has been the topic of several recent research reports. Royal Bank Of Canada raised their price target on Calfrac Well Services from C$7.50 to C$8.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 13th. ATB Cormark Capital Markets upped their price target on Calfrac Well Services from C$7.25 to C$7.50 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$7.75.
Read Our Latest Report on Calfrac Well Services
Calfrac Well Services Company Profile
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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