Calfrac Well Services Ltd’s Trend Down, Especially After Today’s Weak Session


The stock of Calfrac Well Services Ltd (TSE:CFW) is a huge mover today! About 809,662 shares traded hands or 99.67% up from the average. Calfrac Well Services Ltd (TSE:CFW) has risen 132.52% since February 5, 2016 and is uptrending. It has outperformed by 116.03% the S&P500.
The move comes after 5 months negative chart setup for the $309.83 million company. It was reported on Sep, 13 by We have $2.34 PT which if reached, will make TSE:CFW worth $40.28 million less.

Out of 9 analysts covering Calfrac Well Services Ltd. (TSE:CFW), 1 rate it a “Buy”, 2 “Sell”, while 6 “Hold”. This means 11% are positive. Calfrac Well Services Ltd. has been the topic of 37 analyst reports since September 23, 2015 according to StockzIntelligence Inc.

Calfrac Well Services Ltd. is a provider of specialized oilfield services. The company has a market cap of $309.83 million. The Firm operates through four geographical divisions: Canada, the United States, Russia and Latin America. It currently has negative earnings. The Company’s services include hydraulic fracturing, coiled tubing, cementing and other well stimulation services.

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