ProPetro Holding Corp (NYSE: PUMP) is -0.48% lower on its value in year-to-date trading and has touched a low of $6.33 and a high of $11.37 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PUMP stock was last observed hovering at around $8.43 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $8.34, the stock is 3.19% and 6.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.21 million and changing -1.07% at the moment leaves the stock -7.52% off its SMA200. PUMP registered 8.74% gain for a year compared to 6-month loss of -18.16%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 10.76% gain in the last 1 month and extending the period to 3 months gives it a 5.44%, and is -0.24% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.84% over the week and 3.65% over the month.
ProPetro Holding Corp (PUMP) has around 2070 employees, a market worth around $897.13M and $1.63B in sales. Current P/E ratio is 11.21 and Fwd P/E is 13.78. Profit margin for the company is 5.25%. Distance from 52-week low is 31.75% and -26.65% from its 52-week high. The company has generated returns on investments over the last 12 months (7.69%).
The EPS is expected to shrink by -42.07% this year.
ProPetro Holding Corp (PUMP) Top Institutional Holders
The shares outstanding are 109.48M, and float is at 79.83M with Short Float at 4.97%.
ProPetro Holding Corp (PUMP) Insider Activity
The most recent transaction is an insider sale by Vion Michele,the company’sDirector. SEC filings show that Vion Michele sold 14,426 shares of the company’s common stock on Nov 03 ’23 at a price of $10.48 per share for a total of $0.15 million. Following the sale, the insider now owns 25668.0 shares.
ProPetro Holding Corp disclosed in a document filed with the SEC on Sep 18 ’23 that GOBE PHILLIP A (Director) sold a total of 20,000 shares of the company’s common stock. The trade occurred on Sep 18 ’23 and was made at $11.00 per share for $0.22 million. Following the transaction, the insider now directly holds 0.17 million shares of the PUMP stock.
Still, SEC filings show that on Sep 12 ’23, GOBE PHILLIP A (Director) disposed off 15,000 shares at an average price of $10.50 for $0.16 million. The insider now directly holds 188,629 shares of ProPetro Holding Corp (PUMP).
