ProFrac Holding Corp (ACDC) volume hits 2.19 million: A New Opening for Investors

Witnessing the stock’s movement on the chart, on Thursday, ProFrac Holding Corp (NASDAQ: ACDC) had a quiet start as it plunged -15.21% to $6.11, before settling in for the price of $7.20 at the close. Taking a more long-term approach, ACDC posted a 52-week range of $6.46-$14.23.

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The company of the Energy sector’s yearbook sales growth during the past 5- year span was recorded 76.46%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 278.60%. This publicly-traded company’s shares outstanding now amounts to $159.40 million, simultaneously with a float of $15.53 million. The organization now has a market capitalization sitting at $976.43 million. At the time of writing, stock’s 50-day Moving Average stood at $7.97, while the 200-day Moving Average is $8.08.

ProFrac Holding Corp (ACDC) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Oil & Gas Equipment & Services industry. ProFrac Holding Corp’s current insider ownership accounts for 90.29%, in contrast to 10.49% institutional ownership. According to the most recent insider trade that took place on May 29 ’24, this organization’s 10% Owner bought 559,783 shares at the rate of 9.32, making the entire transaction reach 5,217,178 in total value, affecting insider ownership by 76,200,545. Preceding that transaction, on May 28 ’24, Company’s 10% Owner bought 440,217 for 9.49, making the whole transaction’s value amount to 4,177,659. This particular insider is now the holder of 75,640,762 in total.

ProFrac Holding Corp (ACDC) Earnings and Revenue Records

ProFrac Holding Corp’s EPS increase for this current 12-month fiscal period is 278.60% and is forecasted to reach 1.11 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 0.64. The Stock has managed to achieve an average true range (ATR) of 0.63. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.44. Similarly, its price to free cash flow for trailing twelve months is now 6.45.

In the same vein, ACDC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.24, a figure that is expected to reach 0.16 in the next quarter, and analysts are predicting that it will be 1.11 at the market close of one year from today.

Technical Analysis of ProFrac Holding Corp (ACDC)

Going through the that latest performance of [ProFrac Holding Corp, ACDC]. Its last 5-days volume of 0.99 million indicated improvement to the volume of 0.91 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 3.85% While, its Average True Range was 0.69.

Raw Stochastic average of ProFrac Holding Corp (ACDC) in the period of the previous 100 days is set at 2.28%, which indicates a major fall in contrast to 2.45% 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 117.08% that was higher than 72.54% volatility it exhibited in the past 100-days period.