November 04 was a positive day for Calfrac Well Services Ltd. (CFW:CA) as its stock finished the day having gained 10.81% to hit a price of $1.23 a share. The company reached a market cap of 177.94 million and has 144.89 million shares outstanding. Calfrac Well Services Ltd. is a component of the the S&P/TSX SmallCap Index.
118,202 shares changed hands over the course of the day as compared to an average volume of n/a 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, the United States, Russia, Mexico and Argentina. The company Canadian segment is focused on the provision of fracturing and coiled tubing services to a group of oil and natural gas exploration and production companies. The company United States segment provides fracturing services to oil companies operating in the Bakken oil shale play in North Dakota. The company Russian segment provides fracturing and coiled tubing services in Western Siberia. The Latin America segment provides pressure pumping services from its operating bases in 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 $4.77 and reached a low of $1.10 over its last year of trading. The stock’s 50-day SMA is now $n/a and 200-day SMA is $n/a. As for its price valuations, the P/E ratio is at n/a and P/B is now 0.4.
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.
