Calfrac Well Services (OTCMKTS:CFWFF) Lowered to “Sector Perform” at Royal Bank of Canada

Calfrac Well Services (OTCMKTS:CFWFF) was downgraded by equities research analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating in a research report issued to clients and investors on Monday, The Fly reports.

Shares of CFWFF opened at $0.99 on Monday. Calfrac Well Services has a 1 year low of $0.94 and a 1 year high of $3.64. The business has a 50-day moving average of $1.13 and a 200-day moving average of $1.61.

Calfrac Well Services Company Profile

Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, Russia, and Argentina. The company offers hydraulic fracturing, coiled tubing, cementing, other well stimulation, and pressure pumping services to oil and natural gas industries.

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