Closing Bell: Calfrac Well Services Ltd down on Wednesday (CFW)

Calfrac Well Services Ltd opened trading today at $4.11 and closed at $3.90. Intraday prices ranged from $3.87 to $4.11.

The price eased -4.65% from the previous day's close of $4.09.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

Calfrac Well Services Ltd traded under CFW on the Toronto Stock Exchange (TSX).

Trading volume was 73,458 on 97 total trades. On average, Calfrac Well Services Ltd has traded 37,625 shares in the last five days and 34,360 year-to-date.

The TSX overall saw 1,858 price advancers against 3,319 declines and 108 unchanged.

During the prior 52 weeks, CFW.TO has traded as high as $6.20 (September 13,2023) and low as $3.75 (March 26,2024). Moreover, the shares have reduced -26.55 percent in the last 12 months, while this year, they have dipped -12.75%.

It announced a 0.78 dividend on December 04/15, with an December 29/15 ex-date and January 15/16 pay day.

Following today's trading, Calfrac Well Services Ltd has a market capitalization of $350.91 million on a float of 85,796 shares outstanding. Its annual EPS is $2.16.

Calfrac Well Services Ltd is a TSX Oil & Gas Equipment & Srvs company headquartered in Calgary, CAN.

Calfrac Well Services Ltd is holding an average recommendation of "Hold" from 2.00 analysts according to Zacks. From those 2 analysts, 2 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..