ProPetro Holding Corp (PUMP) is heading in the right direction with an average volume of $1.70M

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As on Wednesday, ProPetro Holding Corp (NYSE: PUMP) got off with the flyer as it spiked 6.44% to $8.93, 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 $6.99-$11.37.

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In the past 5-years timespan, the Energy sector firm’s annual sales growth was 8.67%. Meanwhile, its Annual Earning per share during the time was -17.68%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -28.48%. This publicly-traded company’s shares outstanding now amounts to $109.48 million, simultaneously with a float of $82.87 million. The organization now has a market capitalization sitting at $955.87 million. At the time of writing, stock’s 50-day Moving Average stood at $9.06, while the 200-day Moving Average is $8.81.

ProPetro Holding Corp (PUMP) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas Equipment & Services industry. ProPetro Holding Corp’s current insider ownership accounts for 22.58%, in contrast to 80.37% institutional ownership. According to the most recent insider trade that took place on Jun 12 ’24, this organization’s Director sold 7,778 shares at the rate of 9.21, making the entire transaction reach 71,635 in total value, affecting insider ownership by 39,006. Preceding that transaction, on May 03 ’24, Company’s President and COO sold 42,573 for 9.28, making the whole transaction’s value amount to 395,077. This particular insider is now the holder of 58,134 in total.

ProPetro Holding Corp (PUMP) Earnings and Revenue Records

ProPetro Holding Corp’s EPS decrease for this current 12-month fiscal period is -28.48% and is forecasted to reach 0.74 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 1.12. The Stock has managed to achieve an average true range (ATR) of 0.29. Alongside those numbers, its PE Ratio stands at $13.17, and its Beta score is 2.11. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.59. Similarly, its price to free cash flow for trailing twelve months is now 11.13.

In the same vein, PUMP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.68, a figure that is expected to reach 0.11 in the next quarter, and analysts are predicting that it will be 0.74 at the market close of one year from today.

Technical Analysis of ProPetro Holding Corp (PUMP)

Through scrutinizing the latest numbers posted by the [ProPetro Holding Corp, PUMP], it can be observed that its last 5-days Average volume of 1.2 million was lower the volume of 1.6 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 48.51% While, its Average True Range was 0.28.

Raw Stochastic average of ProPetro Holding Corp (PUMP) in the period of the previous 100 days is set at 54.87%, which indicates a major rise in contrast to 53.73% 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 39.76% that was higher than 37.90% volatility it exhibited in the past 100-days period.