ProFrac Holding Corp (NASDAQ: ACDC) kicked off on Monday, down -6.89% from the previous trading day, before settling in for the closing price of $6.24. Over the past 52 weeks, ACDC has traded in a range of $5.59-$10.14.
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During the last 5-year period, the sales growth of Energy Sector giant was 76.46%. While this was happening, its average annual earnings per share was recorded 6.76%. With a float of $12.73 million, this company’s outstanding shares have now reached $159.40 million.
Let’s determine the extent of company efficiency that accounts for 2949 employees. In terms of profitability, gross margin is 14.86%, operating margin of 4.16%, and the pretax margin is -9.69%.
ProFrac Holding Corp (ACDC) 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 ProFrac Holding Corp is 92.05%, while institutional ownership is 8.08%. The most recent insider transaction that took place on Sep 12 ’24, was worth 2,181,928. In this transaction 10% Owner of this company bought 353,635 shares at a rate of $6.17, taking the stock ownership to the 79,197,549 shares. Before that another transaction happened on Sep 10 ’24, when Company’s 10% Owner bought 262,853 for $6.44, making the entire transaction worth $1,692,773. This insider now owns 78,843,915 shares in total.
ProFrac Holding Corp (ACDC) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.07 earnings per share (EPS), lower than consensus estimate (set at 0.1) by -0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.76% per share during the next fiscal year.
ProFrac Holding Corp (NASDAQ: ACDC) Trading Performance Indicators
Take a look at ProFrac Holding Corp’s (ACDC) current performance indicators. Last quarter, stock had a quick ratio of 0.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.42. Likewise, its price to free cash flow for the trailing twelve months is 6.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.25, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach -0.18 in one year’s time.
Technical Analysis of ProFrac Holding Corp (ACDC)
Looking closely at ProFrac Holding Corp (NASDAQ: ACDC), its last 5-days average volume was 0.58 million, which is a drop from its year-to-date volume of 0.89 million. As of the previous 9 days, the stock’s Stochastic %D was 10.84%. Additionally, its Average True Range was 0.44.
During the past 100 days, ProFrac Holding Corp’s (ACDC) raw stochastic average was set at 5.29%, which indicates a significant increase from 0.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.70% in the past 14 days, which was lower than the 71.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.63, while its 200-day Moving Average is $7.61. However, in the short run, ProFrac Holding Corp’s stock first resistance to watch stands at $6.18. Second resistance stands at $6.55. The third major resistance level sits at $6.74. If the price goes on to break the first support level at $5.62, it is likely to go to the next support level at $5.43. Should the price break the second support level, the third support level stands at $5.06.
ProFrac Holding Corp (NASDAQ: ACDC) Key Stats
The company with the Market Capitalisation of 930.47 million has total of 159,936K Shares Outstanding. Its annual sales at the moment are 2,630 M in contrast with the sum of -97,700 K annual income. Company’s last quarter sales were recorded 579,400 K and last quarter income was -66,700 K.
