On Monday, ProFrac Holding Corp (NASDAQ: ACDC) was 4.70% up from the session before settling in for the closing price of $5.96. A 52-week range for ACDC has been $5.16 – $10.14.
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Annual sales at Energy sector company grew by 76.46% over the past five years. When this article was written, the company’s average yearly earnings per share was at 6.76%. With a float of $12.81 million, this company’s outstanding shares have now reached $159.40 million.
Let’s look at the performance matrix of the company that is accounted 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 Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward ProFrac Holding Corp stocks. The insider ownership of ProFrac Holding Corp is 92.00%, while institutional ownership is 8.10%. 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) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.07 earnings per share (EPS) during the time that was less than consensus figure (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
You can see what ProFrac Holding Corp (ACDC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.45. Likewise, its price to free cash flow for the trailing twelve months is 6.76.
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)
ProFrac Holding Corp (NASDAQ: ACDC) saw its 5-day average volume 0.52 million, a negative change from its year-to-date volume of 0.88 million. As of the previous 9 days, the stock’s Stochastic %D was 76.20%. Additionally, its Average True Range was 0.39.
During the past 100 days, ProFrac Holding Corp’s (ACDC) raw stochastic average was set at 24.94%, which indicates a significant decrease from 58.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.92% in the past 14 days, which was lower than the 72.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.53, while its 200-day Moving Average is $7.53. Nevertheless, the first resistance level for the watch stands at $6.40 in the near term. At $6.57, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.77. If the price goes on to break the first support level at $6.04, it is likely to go to the next support level at $5.84. Assuming the price breaks the second support level, the third support level stands at $5.67.
ProFrac Holding Corp (NASDAQ: ACDC) Key Stats
There are 160,147K outstanding shares of the company, which has a market capitalization of 1.00 billion. As of now, sales total 2,630 M while income totals -97,700 K. Its latest quarter income was 579,400 K while its last quarter net income were -66,700 K.
