Shares of Calfrac Well Services Ltd. (OTCMKTS:CFWFF – Get Free Report) rose 13.5% on Monday . The stock traded as high as $4.30 and last traded at $4.30. Approximately 27,363 shares changed hands during mid-day trading, an increase of 518% from the average daily volume of 4,428 shares. The stock had previously closed at $3.79.
Calfrac Well Services Price Performance
The business has a 50 day moving average price of $3.13 and a 200-day moving average price of $2.68.
Calfrac Well Services Company Profile
Calfrac Well Services Ltd. is an oilfield services provider specializing in well stimulation and completion solutions for the global oil and gas industry. The company offers a suite of products and services designed to enhance reservoir productivity, including hydraulic fracturing, coiled tubing, cementing, nitrogen pumping and acidizing treatments. With a focus on innovation and operational efficiency, Calfrac employs advanced pumping equipment, data acquisition tools and proprietary chemical blends to optimize well performance.
Calfrac’s hydraulic fracturing services cover both conventional and unconventional resource plays, delivering high-intensity fracture treatments for onshore wells.
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