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PUMP’s Financial Health: Exploring ProPetro Holding Corp’s Debt-to-Equity Ratio of 1.79

CSCO Stock

ProPetro Holding Corp’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $11.37 on 11/01/23, with the lowest value being $6.33 on 05/04/23.

52-week price history of PUMP Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. ProPetro Holding Corp’s current trading price is -24.89% away from its 52-week high, while its distance from the 52-week low is 34.91%. The stock’s price range for this period has remained between $6.33 and $11.37. The Energy sector company’s shares managed to surpass a trading volume of around 1.63 million for the day, which was noticeably higher compared to the shares’ average daily volume of 1.5 million over the last three months.

Financial Performance and Market Capitalization

ProPetro Holding Corp (PUMP) has experienced a quarterly rise of 3.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 918.65M and boasts a workforce of 2070 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 8.19, with a change in price of -0.65. Similarly, ProPetro Holding Corp recorded 1,504,817 in trading volume during the last 100 days, posting a change of -7.07%.

PUMP Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for PUMP stands at 0.15. Similarly, the long-term debt-to-equity ratio is also 0.11.

PUMP Stock Stochastic Average

As of today, the raw stochastic average of ProPetro Holding Corp over the past 50 days is 79.89%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 96.36%. Additionally, the Stochastic %K and %D values for the company were 86.01% and 86.25%, respectively, over the past 20 days.

PUMP Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Year to date metric has recorded a gain of 1.91%.However, over the last six months, we can see a stronger performance of -14.77%. Over the last 30 days, the price of PUMP has fallen by 20.45%. And in the last five days, it has surged by 11.34%.