Calfrac Well Services Ltd. (TSE:CFW - Get Free Report) insider Sime Armoyan bought 63,600 shares of the business's stock in a transaction on Friday, September 6th. The stock was bought at an average price of C$3.85 per share, for a total transaction of C$244,860.00.
Sime Armoyan also recently made the following trade(s):
- On Thursday, August 8th, Sime Armoyan purchased 4,600 shares of Calfrac Well Services stock. The shares were purchased at an average price of C$3.85 per share, with a total value of C$17,710.00.
- On Wednesday, June 19th, Sime Armoyan acquired 25,000 shares of Calfrac Well Services stock. The shares were acquired at an average price of C$3.93 per share, with a total value of C$98,250.00.
- On Monday, June 17th, Sime Armoyan purchased 201,700 shares of Calfrac Well Services stock. The stock was acquired at an average cost of C$3.93 per share, with a total value of C$792,681.00.
Calfrac Well Services Price Performance
Shares of Calfrac Well Services stock opened at C$3.85 on Friday. Calfrac Well Services Ltd. has a 52 week low of C$3.75 and a 52 week high of C$6.20. The company has a current ratio of 2.31, a quick ratio of 1.33 and a debt-to-equity ratio of 58.76. The stock has a market cap of C$330.33 million, a PE ratio of 1.72, a price-to-earnings-growth ratio of -0.30 and a beta of 1.67. The company's 50-day moving average price is C$4.15 and its two-hundred day moving average price is C$4.26.
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Calfrac Well Services (TSE:CFW - Get Free Report) last released its earnings results on Thursday, August 1st. The company reported C$0.29 EPS for the quarter, topping analysts' consensus estimates of C$0.14 by C$0.15. The business had revenue of C$426.05 million for the quarter, compared to the consensus estimate of C$369.60 million. Calfrac Well Services had a net margin of 7.23% and a return on equity of 22.89%. As a group, sell-side analysts anticipate that Calfrac Well Services Ltd. will post 0.575 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on CFW shares. Royal Bank of Canada raised their target price on shares of Calfrac Well Services from C$4.50 to C$5.00 and gave the company a "sector perform" rating in a research note on Friday, August 2nd. ATB Capital lowered their price objective on shares of Calfrac Well Services from C$6.00 to C$5.00 and set a "sector perform" rating on the stock in a research note on Friday, August 2nd.
View Our Latest Research Report on Calfrac Well Services
About Calfrac Well Services
(
Get Free Report)
Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, and Argentina. It offers hydraulic fracturing, coiled tubing, cementing, and other well completion services for the oil and natural gas industry. The company was founded in 1999 and is headquartered in Calgary, Canada.
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