Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. ProPetro Holding Corp’s current trading price is -10.22% away from its 52-week high, while its distance from the 52-week low is 37.60%. The stock’s price range over this period has fluctuated between $6.53 and $10.02. The company, operating within the financial sector, had a trading volume of approximately 1.07 million for the day, which was noticeably lower than the average daily share volume of 1.45 million over the last 3 months.
The market performance of ProPetro Holding Corp’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $10.02 on 05/21/24, while the lowest value for the same duration was $6.53 on 11/01/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
ProPetro Holding Corp (PUMP) has experienced a quarterly rise of 7.69% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 925.53M and boasts a workforce of 2070 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 8.07, with a change in price of -0.53. Similarly, ProPetro Holding Corp recorded 1,343,017 in trading volume during the last 100 days, posting a change of -5.47%.
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 PUMP stands at 0.21. Similarly, the long-term debt-to-equity ratio is also 0.14.
PUMP Stock Stochastic Average
Today, ProPetro Holding Corp’s raw stochastic average for the past 50 days stands at 79.19%, indicating a rise from the raw stochastic average of the last 20 days, which was 67.48%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 63.40% and 67.31% respectively.
PUMP Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price increase of 7.30%. However, over the past six months, we’ve seen a weaker performance of 4.56%. The price of PUMP fallen by 15.13% over the last 30 days. And in the last five days, it has fallen by -1.40%.
