Calfrac Well Services (OTCMKTS:CFWFF) Stock Price Up 5.5% – Still a Buy?

Calfrac Well Services Ltd. (OTCMKTS:CFWFFGet Free Report)’s share price was up 5.5% on Thursday . The company traded as high as $2.51 and last traded at $2.51. Approximately 725 shares traded hands during trading, a decline of 94% from the average daily volume of 12,513 shares. The stock had previously closed at $2.38.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reissued a “sector perform” rating on shares of Calfrac Well Services in a research report on Monday, August 11th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Calfrac Well Services currently has a consensus rating of “Hold”.

Get Our Latest Report on Calfrac Well Services

Calfrac Well Services Stock Performance

The company’s 50 day moving average is $2.34 and its 200-day moving average is $2.45.

About Calfrac Well Services

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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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