ProFrac Holding Corp (NASDAQ: ACDC) on Monday, soared 6.60% from the previous trading day, before settling in for the closing price of $6.97. Within the past 52 weeks, ACDC’s price has moved between $5.16 and $9.75.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 76.46%. The company achieved an average annual earnings per share of -20.54%. With a float of $12.81 million, this company’s outstanding shares have now reached $159.40 million.
Considering the fact that the conglomerate employs 2949 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 18.91%, operating margin of 3.05%, and the pretax margin is -10.6%.
ProFrac Holding Corp (ACDC) Insider Activity
Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of ProFrac Holding Corp is 92.00%, while institutional ownership is 8.36%. 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
According to the Wall Street analysts, stocks earnings will be around -20.54% per share during the next fiscal year.
ProFrac Holding Corp (NASDAQ: ACDC) Trading Performance Indicators
ProFrac Holding Corp (ACDC) is currently performing well based on its current performance indicators. A quick ratio of 0.62 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 0.52. Likewise, its price to free cash flow for the trailing twelve months is 10.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.33, a number that is poised to hit -0.22 in the next quarter and is forecasted to reach -0.18 in one year’s time.
Technical Analysis of ProFrac Holding Corp (ACDC)
Compared to the last year’s volume of 0.88 million, its volume of 0.99 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 71.26%. Additionally, its Average True Range was 0.47.
During the past 100 days, ProFrac Holding Corp’s (ACDC) raw stochastic average was set at 52.42%, which indicates a significant decrease from 87.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.54% in the past 14 days, which was lower than the 74.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.56, while its 200-day Moving Average is $7.52. Nevertheless, the first resistance level for the watch stands at $7.61 in the near term. At $7.80, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.14. If the price goes on to break the first support level at $7.08, it is likely to go to the next support level at $6.74. Should the price break the second support level, the third support level stands at $6.55.
ProFrac Holding Corp (NASDAQ: ACDC) Key Stats
Market capitalization of the company is 1.16 billion based on 160,147K outstanding shares. Right now, sales total 2,630 M and income totals -97,700 K. The company made 579,400 K in profit during its latest quarter, and -66,700 K in sales during its previous quarter.
