Calfrac Well Services Ltd. (OTCMKTS:CFWFF – Get Free Report) passed below its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $5.01 and traded as low as $4.45. Calfrac Well Services shares last traded at $4.5806, with a volume of 21,768 shares.
Calfrac Well Services Trading Down 10.0%
The company’s 50-day moving average is $5.01 and its 200 day moving average is $4.53.
Calfrac Well Services Company Profile
Calfrac Well Services Ltd. is a Canadian oilfield services company that provides specialized services to oil and natural gas exploration and production companies. Its primary activities support the drilling, completion and production phases of wells, particularly in unconventional and other technically demanding formations. The company’s service offerings include hydraulic fracturing, coiled tubing and cementing. These services are used to stimulate wells, improve access to hydrocarbon reserves, prepare wells for production and support ongoing well-maintenance activities.
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