Calfrac Well Services Ltd (TSE:CFW) insider Wilks Brothers, Llc acquired 429,100 shares of Calfrac Well Services stock in a transaction that occurred on Tuesday, August 29th. The shares were purchased at an average price of C$3.45 per share, with a total value of C$1,480,395.00.

Wilks Brothers, Llc also recently made the following trade(s):

  • On Wednesday, August 30th, Wilks Brothers, Llc purchased 150,300 shares of Calfrac Well Services stock. The shares were bought at an average cost of C$3.50 per share, with a total value of C$526,050.00.
  • On Friday, August 4th, Wilks Brothers, Llc purchased 754,300 shares of Calfrac Well Services stock. The shares were bought at an average cost of C$3.37 per share, with a total value of C$2,541,991.00.

Calfrac Well Services Ltd (TSE:CFW) opened at 3.70 on Tuesday. The company’s 50-day moving average price is $3.33 and its 200-day moving average price is $3.37. The company’s market capitalization is $506.06 million. Calfrac Well Services Ltd has a 52 week low of $2.23 and a 52 week high of $5.34.

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Several analysts have issued reports on CFW shares. Royal Bank Of Canada boosted their price target on Calfrac Well Services from C$5.00 to C$6.00 and gave the company an “outperform” rating in a report on Friday, August 25th. Canaccord Genuity boosted their price target on Calfrac Well Services from C$3.00 to C$4.25 in a report on Thursday, July 27th. CIBC cut their price target on Calfrac Well Services from C$5.75 to C$4.00 in a report on Thursday, July 20th. GMP Securities boosted their price target on Calfrac Well Services from C$3.00 to C$4.00 in a report on Thursday, July 27th. Finally, National Bank Financial boosted their price target on Calfrac Well Services from C$4.25 to C$5.75 and gave the company an “outperform” rating in a report on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of C$4.85.

Calfrac Well Services Company Profile

Calfrac Well Services Ltd. is a provider of specialized oilfield services. The Company operates through four geographical segments: Canada, the United States, Russia and Latin America. Its services include hydraulic fracturing, coiled tubing, cementing and other well stimulation services. The Canadian segment provides fracturing and coiled tubing services to oil and natural gas exploration and production companies in Alberta, northeast British Columbia, Saskatchewan and southwest Manitoba.

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