ProPetro Holding Corp (PUMP) posted a -15.10% change over the last five days signaling a new trend

On Friday, ProPetro Holding Corp (NYSE: PUMP) opened lower -4.78% from the last session, before settling in for the closing price of $6.91. Price fluctuations for PUMP have ranged from $6.74 to $11.37 over the past 52 weeks.

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During the last 5-year period, the sales growth of Energy Sector giant was 8.67%. Company’s average yearly earnings per share was noted -217.61% at the time writing. With a float of $79.04 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 11.03%, operating margin of -9.78%, and the pretax margin is -11.36%.

ProPetro Holding Corp (PUMP) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Oil & Gas Equipment & Services industry is another important factor to consider. The insider ownership of ProPetro Holding Corp is 23.21%, while institutional ownership is 85.76%. 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) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.08 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.09) by -0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -217.61% 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

Check out the current performance indicators for ProPetro Holding Corp (PUMP). In the past quarter, the stock posted a quick ratio of 1.14. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.44. Likewise, its price to free cash flow for the trailing twelve months is 5.31.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.32, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.37 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 1.4 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 1.78%. Additionally, its Average True Range was 0.34.

During the past 100 days, ProPetro Holding Corp’s (PUMP) raw stochastic average was set at 1.40%, which indicates a significant decrease from 2.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.47% in the past 14 days, which was lower than the 44.82% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.80, while its 200-day Moving Average is $8.27. However, in the short run, ProPetro Holding Corp’s stock first resistance to watch stands at $6.91. Second resistance stands at $7.24. The third major resistance level sits at $7.42. If the price goes on to break the first support level at $6.39, it is likely to go to the next support level at $6.21. Now, if the price goes above the second support level, the third support stands at $5.88.

ProPetro Holding Corp (NYSE: PUMP) Key Stats

There are currently 104,162K shares outstanding in the company with a market cap of 644.94 million. Presently, the company’s annual sales total 1,630 M according to its annual income of 85,630 K. Last quarter, the company’s sales amounted to 357,020 K and its income totaled -3,660 K.