Calfrac Well Services Ltd. (CFW:CA) Rises 6.67% for January 12

Equities Staff  |

January 12 was a positive day for Calfrac Well Services Ltd. (CFW:CA) as its stock finished the day having gained 6.67% to hit a price of $7.20 a share. The company reached a market cap of 1.04 billion and has 143.75 million shares outstanding. Calfrac Well Services Ltd. is a component of the the S&P/TSX SmallCap Index.

742,645 shares changed hands over the course of the day as compared to an average volume of 438,688 over the last 30 days for Calfrac Well Services Ltd..

Calfrac Well Services Ltd provides specialized oilfield services, including hydraulic fracturing, coiled tubing, cementing and other well completion services to the oil and natural gas industries in Canada, USA, Russia, Mexico & Argentina.. The company makes its home in Calgary, AB, and is currently under the leadership of CEO Fernando Aguilar.

Calfrac Well Services Ltd. has hit a high of $6.95 and reached a low of $2.23 over its last year of trading. The stock’s 50-day SMA is now $5.83 and 200-day SMA is $4.18. As for its price valuations, the P/E ratio is at 0 and P/B is now 2.01.

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The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.

To get more information on Calfrac Well Services Ltd. and to follow the company’s latest updates, you can visit the company’s profile page here: CFW:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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