ProPetro Holding Corp (PUMP) average volume reaches $1.49M: Are the Stars Lining Up for Investors?

ProPetro Holding Corp (NYSE: PUMP) established initial surge of 3.22% at $8.66, before settling in for the price of $8.39 at the close. Taking a more long-term approach, PUMP posted a 52-week range of $6.33-$11.37.

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It was noted that the giant of the Energy sector posted annual sales growth of 8.67% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -17.68%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -42.01%. This publicly-traded company’s shares outstanding now amounts to $109.48 million, simultaneously with a float of $79.83 million. The organization now has a market capitalization sitting at $931.56 million. At the time of writing, stock’s 50-day Moving Average stood at $7.83, while the 200-day Moving Average is $9.01.

ProPetro Holding Corp (PUMP) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the ProPetro Holding Corp industry. ProPetro Holding Corp’s current insider ownership accounts for 25.79%, in contrast to 85.15% institutional ownership. According to the most recent insider trade that took place on Nov 03 ’23, this organization’s Director sold 14,426 shares at the rate of 10.48, making the entire transaction reach 151,184 in total value, affecting insider ownership by 25,668. Preceding that transaction, on Sep 18 ’23, Company’s Director sold 20,000 for 11.00, making the whole transaction’s value amount to 220,000. This particular insider is now the holder of 168,629 in total.

ProPetro Holding Corp (PUMP) Earnings and Revenue Records

Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted -$0.08 earnings per share (EPS) during the time that was less the consensus figure (set at $0.09) by -$0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.

ProPetro Holding Corp’s EPS decrease for this current 12-month fiscal period is -42.01% and is forecasted to reach 0.61 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -10.90% through the next 5 years, which can be compared against the -17.68% growth it accomplished over the previous five years trading on the market.

ProPetro Holding Corp (NYSE: PUMP) Trading Performance Indicators

Let’s observe the current performance indicators for ProPetro Holding Corp (PUMP). It’s Quick Ratio in the last reported quarter now stands at 1.08. The Stock has managed to achieve an average true range (ATR) of 0.31. Alongside those numbers, its PE Ratio stands at $11.64, and its Beta score is 2.14. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.57. Similarly, its price to free cash flow for trailing twelve months is now 240.71.

In the same vein, PUMP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.74, a figure that is expected to reach 0.07 in the next quarter, and analysts are predicting that it will be 0.61 at the market close of one year from today.

Technical Analysis of ProPetro Holding Corp (PUMP)

Now, what If we examine the latest scores posted by [ProPetro Holding Corp, PUMP]. During the last 5-days, its volume was lower the volume of 1.5 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 78.63% While, its Average True Range was 0.31.

Raw Stochastic average of ProPetro Holding Corp (PUMP) in the period of the previous 100 days is set at 57.58%, which indicates a major fall in contrast to 96.30% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 41.11% that was higher than 38.68% volatility it exhibited in the past 100-days period.