ProFrac Holding Corp (ACDC) went down -12.71% yesterday: Is this the Most Sought-After Stock Today?

ProFrac Holding Corp (NASDAQ: ACDC) open the trading on Wednesday, with a bit cautious approach as it glided -12.71% to $5.84, before settling in for the price of $6.69 at the close. Taking a more long-term approach, ACDC posted a 52-week range of $5.59-$11.94.

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The Energy sector firm’s twelve-monthly sales growth has been 76.46% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 41.22%. This publicly-traded company’s shares outstanding now amounts to $159.40 million, simultaneously with a float of $13.55 million. The organization now has a market capitalization sitting at $935.28 million. At the time of writing, stock’s 50-day Moving Average stood at $7.15, while the 200-day Moving Average is $7.81.

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 91.54%, in contrast to 8.09% institutional ownership. According to the most recent insider trade that took place on Sep 10 ’24, this organization’s 10% Owner bought 262,853 shares at the rate of 6.44, making the entire transaction reach 1,692,773 in total value, affecting insider ownership by 78,843,915. Preceding that transaction, on Sep 09 ’24, Company’s 10% Owner bought 2,154 for 6.25, making the whole transaction’s value amount to 13,462. This particular insider is now the holder of 78,581,062 in total.

ProFrac Holding Corp (ACDC) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.

ProFrac Holding Corp’s EPS increase for this current 12-month fiscal period is 41.22% and is forecasted to reach 0.35 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 0.48. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.42. Similarly, its price to free cash flow for trailing twelve months is now 6.32.

In the same vein, ACDC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.25, a figure that is expected to reach -0.06 in the next quarter, and analysts are predicting that it will be 0.35 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 35.25% While, its Average True Range was 0.48.

Raw Stochastic average of ProFrac Holding Corp (ACDC) in the period of the previous 100 days is set at 6.01%, which indicates a major fall in contrast to 6.52% 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 79.72% that was higher than 76.59% volatility it exhibited in the past 100-days period.