ProPetro Holding Corp: Rising -57.21% from 52-Week Low, Can the Stock Stay Afloat?

The stock price for ProPetro Holding Corp (PUMP) currently stands at $4.78. The stock experienced a substantial increase in the last session, hitting $10.0 after starting at $4.78. The stock’s lowest price was $6.0 before closing at $5.25.

ProPetro Holding Corp ‘s stock market performance has been somewhat erratic.

52-week price history of PUMP Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. ProPetro Holding Corp’s current trading price is -57.21% away from its 52-week high, while its distance from the 52-week low is 3.69%. The stock’s price range during the 52-week period has remained between $4.61 and $11.17. In the Energy sector, the company’s shares saw a trading volume of around 1.89 million for the day, which was evidently higher than the average daily volume of 1.84 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

ProPetro Holding Corp (PUMP) has experienced a quarterly decline of -9.13% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 496.97M and boasts a workforce of 1900 employees.

A Closer Look at Analysts’ Ratings for ProPetro Holding Corp

As of right now, 3 analysts are rating ProPetro Holding Corp as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.96, with a change in price of -1.89. Similarly, ProPetro Holding Corp recorded 1,858,987 in trading volume during the last 100 days, posting a change of -28.34%.

Examining PUMP’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for PUMP stands at 0.20. Similarly, the long-term debt-to-equity ratio is also 0.12.

PUMP Stock Stochastic Average

As of today, ProPetro Holding Corp’s raw stochastic average for the last 50 days stands at 2.56%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 2.81%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 10.93% and 12.13%, respectively.

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. This year’s metric has recorded a Price decrease of -43.43%. However, over the past six months, we’ve seen a stronger performance of -47.87%. The price of PUMP leaped by -28.01% over the last 30 days. And in the last five days, it has fallen by -14.80%.

Invest Chronicle
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.