ProPetro Holding Corp (NYSE: PUMP) on Tuesday, plunged -0.26% from the previous trading day, before settling in for the closing price of $7.56. Within the past 52 weeks, PUMP’s price has moved between $6.74 and $11.37.
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During the last 5-year period, the sales growth of Energy Sector giant was 8.67%. The company achieved an average annual earnings per share of -78.95%. With a float of $79.98 million, this company’s outstanding shares have now reached $109.48 million.
Let’s determine the extent of company efficiency that accounts for 2070 employees. In terms of profitability, gross margin is 13.09%, operating margin of 5.27%, and the pretax margin is 3.69%.
ProPetro Holding Corp (PUMP) Insider Activity
Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of ProPetro Holding Corp is 23.21%, while institutional ownership is 84.98%. The most recent insider transaction that took place on Aug 26 ’24, was worth 41,300. In this transaction Director of this company sold 5,000 shares at a rate of $8.26, taking the stock ownership to the 34,006 shares. Before that another transaction happened on Aug 26 ’24, when Company’s Director proposed sale 5,000 for $8.26, making the entire transaction worth $41,275.
ProPetro Holding Corp (PUMP) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -78.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -10.90% during the next five years compared to -17.68% drop over the previous five years of trading.
ProPetro Holding Corp (NYSE: PUMP) Trading Performance Indicators
ProPetro Holding Corp (PUMP) is currently performing well based on its current performance indicators. A quick ratio of 1.04 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.51. Likewise, its price to free cash flow for the trailing twelve months is 5.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.30, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.22 in one year’s time.
Technical Analysis of ProPetro Holding Corp (PUMP)
Looking closely at ProPetro Holding Corp (NYSE: PUMP), its last 5-days average volume was 0.74 million, which is a drop from its year-to-date volume of 1.44 million. As of the previous 9 days, the stock’s Stochastic %D was 27.29%. Additionally, its Average True Range was 0.28.
During the past 100 days, ProPetro Holding Corp’s (PUMP) raw stochastic average was set at 26.46%, which indicates a significant increase from 13.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.05% in the past 14 days, which was lower than the 43.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.87, while its 200-day Moving Average is $8.28. However, in the short run, ProPetro Holding Corp’s stock first resistance to watch stands at $7.63. Second resistance stands at $7.73. The third major resistance level sits at $7.81. If the price goes on to break the first support level at $7.46, it is likely to go to the next support level at $7.38. Should the price break the second support level, the third support level stands at $7.28.
ProPetro Holding Corp (NYSE: PUMP) Key Stats
Market capitalization of the company is 785.37 million based on 104,162K outstanding shares. Right now, sales total 1,630 M and income totals 85,630 K. The company made 357,020 K in profit during its latest quarter, and -3,660 K in sales during its previous quarter.
