Calfrac Well Services (OTCMKTS:CFWFF) Stock Price Down 1.8% – Here’s Why

Calfrac Well Services Ltd. (OTCMKTS:CFWFFGet Free Report)’s stock price dropped 1.8% during mid-day trading on Thursday . The company traded as low as $2.77 and last traded at $2.77. Approximately 2,400 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 3,571 shares. The stock had previously closed at $2.82.

Calfrac Well Services Stock Performance

The business has a 50 day moving average price of $2.73 and a 200-day moving average price of $2.86.

About Calfrac Well Services

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Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, and Argentina. It offers hydraulic fracturing, coiled tubing, cementing, and other well completion services for the oil and natural gas industry. The company was founded in 1999 and is headquartered in Calgary, Canada.

Further Reading

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