The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. ProFrac Holding Corp’s current trading price is -69.12% away from its 52-week high, while its distance from the 52-week low is 4.52%. The stock’s price range for this period has been between $7.75 and $26.23 The company’s shares, which are part of the Energy sector, had a trading volume of approximately 1.03 million for the day, a number notably higher than the average daily volume of 0.63 million over the last three months.
The present stock price for ProFrac Holding Corp (ACDC) is $8.10. In the last trading session, the stock made a considerable jump, reaching $8.64 after an opening price of $8.64. The stock briefly fell to $7.87 before ending the session at $8.73.
Top 5 EV Tech Stocks to Buy for 2023
The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".
Click Here to Download the FREE Report.
Sponsored
The market performance of ProFrac Holding Corp’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $26.23 on 12/27/22, while the lowest value for the same duration was $7.75 on 11/10/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
ProFrac Holding Corp (ACDC) has experienced a quarterly decline of -25.76% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.29B and boasts a workforce of 3664 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.76, with a change in price of -3.56. Similarly, ProFrac Holding Corp recorded 604,158 in trading volume during the last 100 days, posting a change of -30.53%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ACDC stands at 0.88. Similarly, the long-term debt-to-equity ratio is also 0.77.
ACDC Stock Stochastic Average
As of today, ProFrac Holding Corp’s raw stochastic average for the last 50 days stands at 8.35%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 14.64%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 34.45% and 34.59%, respectively.
ACDC Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The index has shown a price loss of -67.86% this year. Over the last six months, there has been a stronger performance of -29.57%. The price of ACDC leaped by -14.19% during the last 30 days period. For the last 5-days stocks have improved 1.89%.