ProFrac Holding Corp (ACDC) 14-day ATR is 0.49: This Stock is Set to Soar Above its Peers

ProFrac Holding Corp (NASDAQ: ACDC) open the trading on Thursday, with great promise as it jumped 16.36% to $8.25, before settling in for the price of $7.09 at the close. Taking a more long-term approach, ACDC posted a 52-week range of $6.46-$14.32.

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The Energy Sector giants’ yearly sales growth during the last 5-year period was 76.46%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 357.30%. This publicly-traded company’s shares outstanding now amounts to $159.40 million, simultaneously with a float of $18.27 million. The organization now has a market capitalization sitting at $1.32 billion. At the time of writing, stock’s 50-day Moving Average stood at $8.05, while the 200-day Moving Average is $8.93.

ProFrac Holding Corp (ACDC) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Oil & Gas Equipment & Services industry. ProFrac Holding Corp’s current insider ownership accounts for 88.55%, in contrast to 10.66% institutional ownership. According to the most recent insider trade that took place on Nov 10 ’23, this organization’s 10% Owner bought 630,496 shares at the rate of 9.63, making the entire transaction reach 6,071,676 in total value, affecting insider ownership by 72,870,545. Preceding that transaction, on Oct 27 ’23, Company’s 10% Owner bought 3,409 for 9.24, making the whole transaction’s value amount to 31,516. This particular insider is now the holder of 981,187 in total.

ProFrac Holding Corp (ACDC) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 12/31/2023 suggests? It has posted 0.93 earnings per share (EPS) beating the forecaster’s viewpoint (set at 0.8) by 0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.

ProFrac Holding Corp’s EPS increase for this current 12-month fiscal period is 357.30% and is forecasted to reach 1.39 in the upcoming year.

ProFrac Holding Corp (NASDAQ: ACDC) Trading Performance Indicators

Let’s observe the current performance indicators for ProFrac Holding Corp (ACDC). It’s Quick Ratio in the last reported quarter now stands at 0.71. The Stock has managed to achieve an average true range (ATR) of 0.49. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.56. Similarly, its price to free cash flow for trailing twelve months is now 8.47.

In the same vein, ACDC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.45, a figure that is expected to reach 0.19 in the next quarter, and analysts are predicting that it will be 1.39 at the market close of one year from today.

Technical Analysis of ProFrac Holding Corp (ACDC)

[ProFrac Holding Corp, ACDC] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 48.08% While, its Average True Range was 0.52.

Raw Stochastic average of ProFrac Holding Corp (ACDC) in the period of the previous 100 days is set at 67.80%, which indicates a major fall in contrast to 85.60% 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 87.98% that was higher than 60.78% volatility it exhibited in the past 100-days period.