ProFrac Holding Corp (ACDC) recent activity suggests a positive outlook with the last week’s performance of -18.30%

On Friday, ProFrac Holding Corp (NASDAQ: ACDC) was -10.18% drop from the session before settling in for the closing price of $8.25. A 52-week range for ACDC has been $5.16 – $9.75.

A company in the Energy sector has jumped its sales by 76.46% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -30.21%. With a float of $12.73 million, this company’s outstanding shares have now reached $160.20 million.

In an organization with 2949 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 13.85%, operating margin of 3.05%, and the pretax margin is -10.6%.

ProFrac Holding Corp (ACDC) Insider and Institutional Ownership

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 92.05%, while institutional ownership is 7.73%. 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) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -30.21% 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 0.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.48. Likewise, its price to free cash flow for the trailing twelve months is 9.81.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.33, a number that is poised to hit -0.23 in the next quarter and is forecasted to reach -0.27 in one year’s time.

Technical Analysis of ProFrac Holding Corp (ACDC)

Let’s dig in a bit further. During the last 5-days, its volume was 0.58 million. That was inferior than the volume of 0.86 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 34.02%. Additionally, its Average True Range was 0.53.

During the past 100 days, ProFrac Holding Corp’s (ACDC) raw stochastic average was set at 51.96%, which indicates a significant increase from 30.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.86% in the past 14 days, which was higher than the 79.12% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.06, while its 200-day Moving Average is $7.55. However, in the short run, ProFrac Holding Corp’s stock first resistance to watch stands at $7.87. Second resistance stands at $8.34. The third major resistance level sits at $8.69. If the price goes on to break the first support level at $7.05, it is likely to go to the next support level at $6.70. The third support level lies at $6.23 if the price breaches the second support level.

ProFrac Holding Corp (NASDAQ: ACDC) Key Stats

There are 160,147K outstanding shares of the company, which has a market capitalization of 1.07 billion. As of now, sales total 2,630 M while income totals -97,700 K. Its latest quarter income was 575,300 K while its last quarter net income were -45,200 K.