ProPetro Holding Corp (NYSE: PUMP) is 0.12% higher on its value in year-to-date trading and has touched a low of $6.99 and a high of $11.37 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PUMP stock was last observed hovering at around $8.20 in the last trading session, with the day’s gains setting it 0.19%.
Currently trading at $8.39, the stock is -0.98% and -6.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.87 million and changing 2.32% at the moment leaves the stock -4.26% off its SMA200. PUMP registered -9.98% loss for a year compared to 6-month gain of 5.40%.
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The stock witnessed a -9.00% loss in the last 1 month and extending the period to 3 months gives it a -3.12%, and is -3.01% 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 3.67% over the week and 3.37% over the month.
ProPetro Holding Corp (PUMP) has around 2070 employees, a market worth around $898.07M and $1.61B in sales. Current P/E ratio is 12.38 and Fwd P/E is 11.36. Profit margin for the company is 4.76%. Distance from 52-week low is 20.02% and -26.21% from its 52-week high. The company has generated returns on investments over the last 12 months (6.82%).
The EPS is expected to shrink by -33.03% this year
The shares outstanding are 109.48M, and float is at 82.87M with Short Float at 11.99%.
ProPetro Holding Corp (PUMP) Insider Activity
The most recent transaction is an insider sale by Vion Michele, the company’s Director. SEC filings show that Vion Michele sold 7,778 shares of the company’s common stock on Jun 12 ’24 at a price of $9.21 per share for a total of $71635.0. Following the sale, the insider now owns 39006.0 shares.
ProPetro Holding Corp disclosed in a document filed with the SEC on May 03 ’24 that Munoz Adam (President and COO) sold a total of 42,573 shares of the company’s common stock. The trade occurred on May 03 ’24 and was made at $9.28 per share for $0.4 million. Following the transaction, the insider now directly holds 58134.0 shares of the PUMP stock.
Still, SEC filings show that on Nov 03 ’23, Vion Michele (Director) disposed off 14,426 shares at an average price of $10.48 for $0.15 million. The insider now directly holds 25,668 shares of ProPetro Holding Corp (PUMP).