Calfrac Well Services Ltd Declines A lot Today, Is Now One of The Worst Performer

 Calfrac Well Services Ltd Declines A lot Today, Is Now One of The Worst Performer

The stock of Calfrac Well Services Ltd (TSE:CFW) is a huge mover today! About 71,144 shares traded hands. Calfrac Well Services Ltd (TSE:CFW) has risen 126.05% since April 7, 2016 and is uptrending. It has outperformed by 119.90% the S&P500.
The move comes after 8 months negative chart setup for the $289.81 million company. It was reported on Nov, 11 by Barchart.com. We have $2.27 PT which if reached, will make TSE:CFW worth $37.68M less.

Calfrac Well Services Ltd (TSE:CFW) Ratings Coverage

Out of 10 analysts covering Calfrac Well Services Ltd. (TSE:CFW), 1 rate it a “Buy”, 2 “Sell”, while 7 “Hold”. This means 10% are positive. $10 is the highest target while $1.25 is the lowest. The $3.55 average target is 36.02% above today’s ($2.61) stock price. Calfrac Well Services Ltd. has been the topic of 53 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was maintained by Scotia Capital with “Underperform” on Friday, October 28. Scotia Capital maintained Calfrac Well Services Ltd (TSE:CFW) on Friday, July 29 with “Underperform” rating. The firm has “Neutral” rating given on Tuesday, January 12 by Simmons & Co. TD Securities downgraded the stock to “Hold” rating in Wednesday, January 6 report. As per Tuesday, August 25, the company rating was maintained by IBC. As per Monday, October 5, the company rating was downgraded by RBC Capital Markets. The firm has “Market Perform” rating by Cowen & Co given on Thursday, October 15. The stock of Calfrac Well Services Ltd (TSE:CFW) has “Neutral” rating given on Wednesday, August 26 by JP Morgan. The company was maintained on Friday, October 28 by TD Securities. Scotia Capital upgraded the shares of CFW in a report on Tuesday, July 21 to “Sector Perform” rating.

Another recent and important Calfrac Well Services Ltd (TSE:CFW) news was published by Business.Financialpost.com which published an article titled: “Why tough times for frackers could be the best time for Calgary’s Calfrac Well …” on July 29, 2015.

Calfrac Well Services Ltd. is a provider of specialized oilfield services. The company has a market cap of $289.81 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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