Shares of Gasfrac Energy Services Inc. (TSX: GFS), a
company engaged in offering oilfield services, recorded over 22.0% gains during
each of the past two consecutive trading sessions with a significant number of
shares exchanging hands. GFS was among the top performers in the Canadian energy sector after gaining 22.4% and closed at C$0.30 Monday, while recording significant trading volumes of 452,255 shares. During the past 5-trading sessions, GFS gained 30.4% with daily average trading volumes of 373,390 shares, while the stock fell by 29.4% during the past one month with daily average trading volumes of 218,803 shares. The stock is up 81.8% year-to-date.
Company Description:
GASFRAC Energy Services, Inc. (TSX: GFS) offers oilfield services. The company offers liquefied petroleum gas fracturing services to oil and gas companies. Gasfrac Energy Services facilitates the production of oil and natural gas in Canada and the United States.
1-Year Stock Chart:
Source: Bloomberg
