Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of ProFrac Holding Corp (NASDAQ: ACDC) was $6.45 for the day, down -10.22% from the previous closing price of $7.19. In other words, the price has decreased by -$10.22 from its previous closing price. On the day, 0.85 million shares were traded.
Ratios:
Our analysis of ACDC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 40.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.52. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 0.95. In the meantime, Its Debt-to-Equity ratio is 1.12 whereas as Long-Term Debt/Eq ratio is at 0.96.
On October 17, 2024, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $7 to $6.50.
Stifel Downgraded its Buy to Hold on October 11, 2024, while the target price for the stock was maintained at $7.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 26 ’25 when Wilks Farris bought 338,756 shares for $6.93 per share. The transaction valued at 2,347,579 led to the insider holds 1,316,534 shares of the business.
Wilks Matthew bought 288,756 shares of ACDC for $2,001,079 on Feb 26 ’25. The Executive Chairman now owns 288,756 shares after completing the transaction at $6.93 per share. On Sep 12 ’24, another insider, THRC Holdings, LP, who serves as the 10% Owner of the company, bought 353,635 shares for $6.17 each. As a result, the insider paid 2,181,928 and bolstered with 79,197,549 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 0.94.
Stock Price History:
Over the past 52 weeks, ACDC has reached a high of $9.75, while it has fallen to a 52-week low of $5.16. The 50-Day Moving Average of the stock is -16.48%, while the 200-Day Moving Average is calculated to be -13.61%.
Shares Statistics:
A total of 160.20M shares are outstanding, with a floating share count of 13.05M. Insiders hold about 91.85% of the company’s shares, while institutions hold 8.44% stake in the company.
