ProPetro Holding Corp (NYSE: PUMP) kicked off on Tuesday, down -2.04% from the previous trading day, before settling in for the closing price of $8.34. Over the past 52 weeks, PUMP has traded in a range of $6.33-$11.37.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 8.67%. While this was happening, its average annual earnings per share was recorded -42.07%. With a float of $79.83 million, this company’s outstanding shares have now reached $109.48 million.
Considering the fact that the conglomerate employs 2070 people, you should pay attention to its efficiency factor.
ProPetro Holding Corp (PUMP) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of ProPetro Holding Corp is 25.79%, while institutional ownership is 85.24%. The most recent insider transaction that took place on Nov 03 ’23, was worth 151,184. In this transaction Director of this company sold 14,426 shares at a rate of $10.48, taking the stock ownership to the 25,668 shares. Before that another transaction happened on Sep 18 ’23, when Company’s Director sold 20,000 for $11.00, making the entire transaction worth $220,000. This insider now owns 168,629 shares in total.
ProPetro Holding Corp (PUMP) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 7.10 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -42.07% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -10.90% during the next five years compared to -17.68% drop over the previous five years of trading.
ProPetro Holding Corp (NYSE: PUMP) Trading Performance Indicators
Take a look at ProPetro Holding Corp’s (PUMP) current performance indicators. Last quarter, stock had a quick ratio of 1.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.54. Likewise, its price to free cash flow for the trailing twelve months is 227.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.74, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.61 in one year’s time.
Technical Analysis of ProPetro Holding Corp (PUMP)
Compared to the last year’s volume of 1.5 million, its volume of 1.47 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 38.55%. Additionally, its Average True Range was 0.31.
During the past 100 days, ProPetro Holding Corp’s (PUMP) raw stochastic average was set at 47.19%, which indicates a significant increase from 46.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.40% in the past 14 days, which was higher than the 38.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.82, while its 200-day Moving Average is $9.02. Nevertheless, the first resistance level for the watch stands at $8.31 in the near term. At $8.45, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.56. If the price goes on to break the first support level at $8.06, it is likely to go to the next support level at $7.95. Should the price break the second support level, the third support level stands at $7.81.
ProPetro Holding Corp (NYSE: PUMP) Key Stats
The company with the Market Capitalisation of 878.85 million has total of 107,567K Shares Outstanding. Its annual sales at the moment are 1,630 M in contrast with the sum of 85,630 K annual income. Company’s last quarter sales were recorded 347,780 K and last quarter income was -17,110 K.
