Calfrac Well Services (TSE:CFW) Share Price Crosses Above 200-Day Moving Average – Here’s Why

Posted by George Bondi on Jul 10th, 2026

$Calfrac Well Services logo$ Calfrac Well Services Ltd. (TSE:CFW – Get Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$5.60 and traded as high as C$6.44. Calfrac Well Services shares last traded at C$6.34, with a volume of 48,017 shares traded.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CFW. ATB Cormark Capital Markets cut Calfrac Well Services from an “outperform” rating to a “sector perform” rating and set a C$7.50 target price on the stock. in a research report on Friday. Royal Bank Of Canada upped 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 report on Wednesday, May 13th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Calfrac Well Services has a consensus rating of “Hold” and an average target price of C$7.75.

Check Out Our Latest Analysis on Calfrac Well Services

Calfrac Well Services Price Performance

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 company has a market capitalization of C$621.92 million, a price-to-earnings ratio of 13.46, a PEG ratio of -0.30 and a beta of -0.37. The stock’s 50-day simple moving average is C$6.17 and its two-hundred day simple moving average is C$5.62.

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

Insider Buying and Selling

In other Calfrac Well Services news, insider Sime Armoyan sold 4,350,000 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of C$6.75, for a total transaction of C$29,362,500.00. Following the completion of the sale, the insider directly owned 15,084,000 shares in the company, valued at approximately C$101,817,000. The trade was a 22.38% decrease in their position. Also, insider Jeffrey Irwin Ellis sold 7,000 shares of the stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of C$6.50, for a total value of C$45,500.00. Following the transaction, the insider directly owned 12,043 shares of the company’s stock, valued at C$78,279.50. The trade was a 36.76% decrease in their position. In the last quarter, insiders acquired 30,997 shares of company stock worth $186,495 and sold 20,456,098 shares worth $134,044,544. 46.88% of the stock is currently owned by corporate 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.