D
Calfrac Well Services Ltd.
CFW.TO
TSX
D
Sell
3/11/2025Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D from D+ on 3/11/2025 due to a decline in the volatility index and total return index.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D from D+ on 3/11/2025 due to a decline in the volatility index and total return index.
D
Sell
12/6/2024Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D+ from C- on 12/6/2024 due to a significant decline in the growth index, valuation index and solvency index. Earnings per share declined from $0.1968 to -$0.0479, EBIT declined 26.5% from $24.72M to $18.17M, and the quick ratio declined from 1.45 to 1.36.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D+ from C- on 12/6/2024 due to a significant decline in the growth index, valuation index and solvency index. Earnings per share declined from $0.1968 to -$0.0479, EBIT declined 26.5% from $24.72M to $18.17M, and the quick ratio declined from 1.45 to 1.36.
C
Hold
9/19/2024Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to C- from C on 9/19/2024 due to a decline in the volatility index.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to C- from C on 9/19/2024 due to a decline in the volatility index.
C
Hold
8/5/2024Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C from D+ on 8/5/2024 due to a significant increase in the growth index, efficiency index and solvency index. Earnings per share increased from -$0.0186 to $0.1968, net income increased 1,156.64% from -$1.6M to $16.87M, and EBIT increased 908.39% from -$3.06M to $24.72M.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C from D+ on 8/5/2024 due to a significant increase in the growth index, efficiency index and solvency index. Earnings per share increased from -$0.0186 to $0.1968, net income increased 1,156.64% from -$1.6M to $16.87M, and EBIT increased 908.39% from -$3.06M to $24.72M.
D
Sell
5/17/2024Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D+ from C on 5/17/2024 due to a significant decline in the growth index, total return index and volatility index. Earnings per share declined from $0.1029 to -$0.0186, EBIT declined 113.94% from $21.94M to -$3.06M, and operating cash flow declined 96.86% from $89.15M to $2.8M.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D+ from C on 5/17/2024 due to a significant decline in the growth index, total return index and volatility index. Earnings per share declined from $0.1029 to -$0.0186, EBIT declined 113.94% from $21.94M to -$3.06M, and operating cash flow declined 96.86% from $89.15M to $2.8M.
C
Hold
11/6/2023Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to C from C+ on 11/6/2023 due to a decline in the total return index, efficiency index and growth index.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to C from C+ on 11/6/2023 due to a decline in the total return index, efficiency index and growth index.
C
Hold
10/9/2023Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C+ from C on 10/9/2023 due to a noticeable increase in the total return index and volatility index.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C+ from C on 10/9/2023 due to a noticeable increase in the total return index and volatility index.
C
Hold
8/11/2023Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C from C- on 8/11/2023 due to a significant increase in the valuation index, efficiency index and total return index. Net income increased 39.88% from $28.34M to $39.65M, and total capital increased 6.65% from $608.78M to $649.25M.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C from C- on 8/11/2023 due to a significant increase in the valuation index, efficiency index and total return index. Net income increased 39.88% from $28.34M to $39.65M, and total capital increased 6.65% from $608.78M to $649.25M.
C
Hold
7/24/2023Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C- from D+ on 7/24/2023 due to an increase in the volatility index.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C- from D+ on 7/24/2023 due to an increase in the volatility index.
D
Sell
6/5/2023Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D+ from C- on 6/5/2023 due to a decline in the total return index and valuation index.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D+ from C- on 6/5/2023 due to a decline in the total return index and valuation index.
C
Hold
5/19/2023Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C- from D on 5/19/2023 due to a significant increase in the valuation index, growth index and efficiency index. Earnings per share increased from $0.1512 to $0.3167, net income increased 99.25% from $14.23M to $28.34M, and EBIT increased 89.47% from $22.85M to $43.3M.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C- from D on 5/19/2023 due to a significant increase in the valuation index, growth index and efficiency index. Earnings per share increased from $0.1512 to $0.3167, net income increased 99.25% from $14.23M to $28.34M, and EBIT increased 89.47% from $22.85M to $43.3M.
D
Sell
5/4/2023Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D from D+ on 5/4/2023 due to a decline in the total return index, volatility index and efficiency index.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D from D+ on 5/4/2023 due to a decline in the total return index, volatility index and efficiency index.
D
Sell
3/17/2023Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D+ from D on 3/17/2023 due to a substantial increase in the growth index, solvency index and efficiency index. Operating cash flow increased 381.12% from $10.54M to $50.71M, and debt to equity declined from 1.23 to 0.8.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D+ from D on 3/17/2023 due to a substantial increase in the growth index, solvency index and efficiency index. Operating cash flow increased 381.12% from $10.54M to $50.71M, and debt to equity declined from 1.23 to 0.8.
D
Sell
11/7/2022Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D from D+ on 11/7/2022 due to a substantial decline in the growth index and valuation index.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D from D+ on 11/7/2022 due to a substantial decline in the growth index and valuation index.
D
Sell
10/17/2022Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D+ from D on 10/17/2022 due to an increase in the volatility index and total return index.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D+ from D on 10/17/2022 due to an increase in the volatility index and total return index.
D
Sell
9/30/2022Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D from D+ on 9/30/2022 due to a decline in the volatility index.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D from D+ on 9/30/2022 due to a decline in the volatility index.
D
Sell
9/12/2022Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D+ from D on 9/12/2022 due to a large increase in the efficiency index, total return index and growth index. EBIT increased 201.94% from -$7.05M to $7.18M, and total revenue increased 7.36% from $232.53M to $249.63M.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D+ from D on 9/12/2022 due to a large increase in the efficiency index, total return index and growth index. EBIT increased 201.94% from -$7.05M to $7.18M, and total revenue increased 7.36% from $232.53M to $249.63M.
D
Sell
5/16/2022Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D from E+ on 05/16/2022.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D from E+ on 05/16/2022.
E
Sell
5/13/2022Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to E+ from D on 5/13/2022 due to a decline in the solvency index, volatility index and total return index. The quick ratio declined from 1.41 to 1.15, and debt to equity increased from 1.22 to 1.37.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to E+ from D on 5/13/2022 due to a decline in the solvency index, volatility index and total return index. The quick ratio declined from 1.41 to 1.15, and debt to equity increased from 1.22 to 1.37.
D
Sell
5/4/2022Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D from E+ on 5/4/2022 due to an increase in the volatility index and valuation index.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D from E+ on 5/4/2022 due to an increase in the volatility index and valuation index.
E
Sell
5/1/2022Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to E+ from D on 5/1/2022 due to a decline in the valuation index.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to E+ from D on 5/1/2022 due to a decline in the valuation index.
D
Sell
4/18/2022Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D from D- on 4/18/2022 due to a noticeable increase in the total return index and solvency index.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D from D- on 4/18/2022 due to a noticeable increase in the total return index and solvency index.
D
Sell
3/21/2022Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D- from D+ on 3/21/2022 due to a significant decline in the valuation index, growth index and efficiency index. Earnings per share declined from -$0.0325 to -$0.6025, net income declined 1,737.9% from -$1.22M to -$22.48M, and EBIT declined 1,053.86% from $1.88M to -$17.98M.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D- from D+ on 3/21/2022 due to a significant decline in the valuation index, growth index and efficiency index. Earnings per share declined from -$0.0325 to -$0.6025, net income declined 1,737.9% from -$1.22M to -$22.48M, and EBIT declined 1,053.86% from $1.88M to -$17.98M.
D
Sell
12/9/2021Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D+ from D on 12/9/2021 due to a significant increase in the valuation index, growth index and total return index. EBIT increased 109.12% from -$20.66M to $1.88M, earnings per share increased from -$0.6677 to -$0.0325, and total revenue increased 39.06% from $168.8M to $234.73M.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D+ from D on 12/9/2021 due to a significant increase in the valuation index, growth index and total return index. EBIT increased 109.12% from -$20.66M to $1.88M, earnings per share increased from -$0.6677 to -$0.0325, and total revenue increased 39.06% from $168.8M to $234.73M.
D
Sell
8/3/2021Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D from D- on 8/3/2021 due to a substantial increase in the efficiency index, solvency index and growth index. Operating cash flow increased 197.73% from -$15.69M to $15.33M.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D from D- on 8/3/2021 due to a substantial increase in the efficiency index, solvency index and growth index. Operating cash flow increased 197.73% from -$15.69M to $15.33M.
D
Sell
12/3/2020Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D- from E+ on 12/3/2020 due to an increase in the volatility index and total return index.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D- from E+ on 12/3/2020 due to an increase in the volatility index and total return index.
E
Sell
11/18/2020Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to E+ from D- on 11/18/2020 due to a major decline in the solvency index, growth index and volatility index. Operating cash flow declined 127.7% from $84.41M to -$23.38M, debt to equity increased from -26.49 to -11.1, and the quick ratio declined from 1.35 to 1.06.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to E+ from D- on 11/18/2020 due to a major decline in the solvency index, growth index and volatility index. Operating cash flow declined 127.7% from $84.41M to -$23.38M, debt to equity increased from -26.49 to -11.1, and the quick ratio declined from 1.35 to 1.06.
D
Sell
5/1/2020Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D- from D on 5/1/2020 due to a substantial decline in the efficiency index, total return index and volatility index. Net income declined 67.95% from -$22.28M to -$37.43M, and total capital declined 0.93% from $1.07B to $1.06B.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D- from D on 5/1/2020 due to a substantial decline in the efficiency index, total return index and volatility index. Net income declined 67.95% from -$22.28M to -$37.43M, and total capital declined 0.93% from $1.07B to $1.06B.
D
Sell
3/12/2019Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D from D+ on 3/12/2019 due to a significant decline in the valuation index, growth index and solvency index. Earnings per share declined from $0.0765 to -$0.0208, EBIT declined 77.82% from $54.75M to $12.14M, and total revenue declined 21.59% from $482.06M to $377.97M.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D from D+ on 3/12/2019 due to a significant decline in the valuation index, growth index and solvency index. Earnings per share declined from $0.0765 to -$0.0208, EBIT declined 77.82% from $54.75M to $12.14M, and total revenue declined 21.59% from $482.06M to $377.97M.
D
Sell
2/15/2019Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D+ from C- on 2/15/2019 due to a decline in the valuation index, total return index and volatility index.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D+ from C- on 2/15/2019 due to a decline in the valuation index, total return index and volatility index.
C
Hold
1/28/2019Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C- from D+ on 1/28/2019 due to an increase in the total return index and volatility index.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C- from D+ on 1/28/2019 due to an increase in the total return index and volatility index.
D
Sell
1/7/2019Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D+ from C- on 1/7/2019 due to a noticeable decline in the total return index and volatility index.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D+ from C- on 1/7/2019 due to a noticeable decline in the total return index and volatility index.
C
Hold
11/6/2018Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C- from D+ on 11/6/2018 due to a major increase in the growth index, valuation index and solvency index. EBIT increased 177.44% from $19.73M to $54.75M, earnings per share increased from -$0.1782 to $0.0765, and operating cash flow increased 62.48% from $17.61M to $28.61M.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C- from D+ on 11/6/2018 due to a major increase in the growth index, valuation index and solvency index. EBIT increased 177.44% from $19.73M to $54.75M, earnings per share increased from -$0.1782 to $0.0765, and operating cash flow increased 62.48% from $17.61M to $28.61M.
D
Sell
6/14/2018Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D+ from C- on 6/14/2018 due to a noticeable decline in the total return index.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D+ from C- on 6/14/2018 due to a noticeable decline in the total return index.
C
Hold
5/14/2018Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C- from D+ on 5/14/2018 due to a noticeable increase in the valuation index, efficiency index and volatility index. Total capital increased 0.7% from $1.2B to $1.21B.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C- from D+ on 5/14/2018 due to a noticeable increase in the valuation index, efficiency index and volatility index. Total capital increased 0.7% from $1.2B to $1.21B.
D
Sell
3/21/2018Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D+ from C- on 3/21/2018 due to a noticeable decline in the growth index and valuation index. EBIT declined 82.79% from $37.98M to $6.53M.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D+ from C- on 3/21/2018 due to a noticeable decline in the growth index and valuation index. EBIT declined 82.79% from $37.98M to $6.53M.
C
Hold
11/13/2017Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C- from D+ on 11/13/2017 due to an increase in the total return index and solvency index.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C- from D+ on 11/13/2017 due to an increase in the total return index and solvency index.
D
Sell
11/7/2017Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D+ from D on 11/7/2017 due to a significant increase in the total return index, growth index and volatility index. EBIT increased 923% from $3.71M to $37.98M, earnings per share increased from -$0.1116 to $0.0457, and operating cash flow increased 128.31% from -$26.09M to $7.39M.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D+ from D on 11/7/2017 due to a significant increase in the total return index, growth index and volatility index. EBIT increased 923% from $3.71M to $37.98M, earnings per share increased from -$0.1116 to $0.0457, and operating cash flow increased 128.31% from -$26.09M to $7.39M.
D
Sell
6/7/2016Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D from D- on 6/7/2016 due to an increase in the total return index and volatility index.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to D from D- on 6/7/2016 due to an increase in the total return index and volatility index.
D
Sell
5/9/2016Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D- from D on 5/9/2016 due to a noticeable decline in the efficiency index, growth index and dividend index. Operating cash flow declined 91.43% from $21.87M to $1.87M, total revenue declined 26.46% from $214.41M to $157.68M, and EBIT declined 2.63% from -$33.56M to -$34.45M.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D- from D on 5/9/2016 due to a noticeable decline in the efficiency index, growth index and dividend index. Operating cash flow declined 91.43% from $21.87M to $1.87M, total revenue declined 26.46% from $214.41M to $157.68M, and EBIT declined 2.63% from -$33.56M to -$34.45M.
D
Sell
3/11/2016Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D from C- on 3/11/2016 due to a substantial decline in the volatility index, total return index and solvency index.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D from C- on 3/11/2016 due to a substantial decline in the volatility index, total return index and solvency index.
C
Hold
11/18/2015Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C- from D+ on 11/18/2015 due to an increase in the dividend index and valuation index.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C- from D+ on 11/18/2015 due to an increase in the dividend index and valuation index.
D
Sell
11/3/2015Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D+ from B- on 11/3/2015 due to a significant decline in the valuation index, growth index and efficiency index. Operating cash flow declined 51.6% from $54.57M to $26.41M, net income declined 47.48% from -$35.2M to -$18.49M, and earnings per share declined from -$0.3682 to -$0.1936.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to D+ from B- on 11/3/2015 due to a significant decline in the valuation index, growth index and efficiency index. Operating cash flow declined 51.6% from $54.57M to $26.41M, net income declined 47.48% from -$35.2M to -$18.49M, and earnings per share declined from -$0.3682 to -$0.1936.
B
Buy
11/2/2015Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to B- from C+ on 11/2/2015 due to a major increase in the valuation index, dividend index and total return index.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to B- from C+ on 11/2/2015 due to a major increase in the valuation index, dividend index and total return index.
C
Hold
7/31/2015Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C+ from C on 7/31/2015 due to an increase in the growth index. EBIT increased 390.71% from -$7.71M to -$37.84M, and earnings per share increased from -$0.1068 to -$0.3682.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C+ from C on 7/31/2015 due to an increase in the growth index. EBIT increased 390.71% from -$7.71M to -$37.84M, and earnings per share increased from -$0.1068 to -$0.3682.
C
Hold
5/4/2015Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to C from B- on 5/4/2015 due to a substantial decline in the growth index, total return index and efficiency index. Net income declined 143.65% from $23.31M to -$10.18M, earnings per share declined from $0.2454 to -$0.1068, and operating cash flow declined 115.92% from $49.42M to -$7.87M.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to C from B- on 5/4/2015 due to a substantial decline in the growth index, total return index and efficiency index. Net income declined 143.65% from $23.31M to -$10.18M, earnings per share declined from $0.2454 to -$0.1068, and operating cash flow declined 115.92% from $49.42M to -$7.87M.
B
Buy
11/12/2014Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to B- from C on 11/12/2014 due to a significant increase in the valuation index, growth index and dividend index. EBIT increased 771.63% from $9.55M to $83.22M, operating cash flow increased 263.84% from $25.06M to $91.16M, and total revenue increased 38.89% from $461.23M to $640.58M.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to B- from C on 11/12/2014 due to a significant increase in the valuation index, growth index and dividend index. EBIT increased 771.63% from $9.55M to $83.22M, operating cash flow increased 263.84% from $25.06M to $91.16M, and total revenue increased 38.89% from $461.23M to $640.58M.
C
Hold
6/20/2014Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to C from C+ on 6/20/2014 due to a decline in the valuation index and dividend index.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to C from C+ on 6/20/2014 due to a decline in the valuation index and dividend index.
C
Hold
6/5/2014Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C+ from C on 6/5/2014 due to an increase in the valuation index, dividend index and volatility index.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to C+ from C on 6/5/2014 due to an increase in the valuation index, dividend index and volatility index.
C
Hold
5/21/2014Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to C from C+ on 5/21/2014 due to a noticeable decline in the valuation index, growth index and efficiency index. Operating cash flow declined 240.97% from -$12.72M to $17.93M, earnings per share declined from $0.2429 to $0.1722, and net income declined 27.68% from $11.21M to $8.11M.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to C from C+ on 5/21/2014 due to a noticeable decline in the valuation index, growth index and efficiency index. Operating cash flow declined 240.97% from -$12.72M to $17.93M, earnings per share declined from $0.2429 to $0.1722, and net income declined 27.68% from $11.21M to $8.11M.
C
Hold
3/28/2014Downgrade
Calfrac Well Services Ltd. (CFW.TO) was downgraded to C+ from B- on 3/28/2014 due to a large decline in the growth index, solvency index and efficiency index. Operating cash flow declined 113.15% from $96.72M to -$12.72M, debt to equity increased from 0.59 to 0.86, and the quick ratio declined from 1.76 to 1.62.
Calfrac Well Services Ltd. (CFW.TO) was downgraded to C+ from B- on 3/28/2014 due to a large decline in the growth index, solvency index and efficiency index. Operating cash flow declined 113.15% from $96.72M to -$12.72M, debt to equity increased from 0.59 to 0.86, and the quick ratio declined from 1.76 to 1.62.
B
Buy
3/17/2014Upgraded
Calfrac Well Services Ltd. (CFW.TO) was upgraded to B- from C+ on 3/17/2014 due to an increase in the volatility index and efficiency index.
Calfrac Well Services Ltd. (CFW.TO) was upgraded to B- from C+ on 3/17/2014 due to an increase in the volatility index and efficiency index.
