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The price of Patterson-UTI Energy Inc (NASDAQ: PTEN) closed at $6.09 in the last session, down -0.16% from day before closing price of $6.10. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 13.1 million shares were traded.
Ratios:
We take a closer look at PTEN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.81. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 1.61. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.36.
On December 13, 2024, Goldman Upgraded its rating to Buy which previously was Neutral and also lowered its target price recommendation from $11 to $10.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 12 ’25 when Hendricks William Andrew JR bought 25,000 shares for $7.88 per share. The transaction valued at 197,000 led to the insider holds 2,482,592 shares of the business.
STEWART JAMES CARL sold 192,000 shares of PTEN for $1,422,720 on Mar 07 ’25. The Director now owns 1,005,254 shares after completing the transaction at $7.41 per share. On Mar 07 ’25, another insider, STEWART JAMES CARL, who serves as the Director of the company, sold 48,149 shares for $7.42 each. As a result, the insider received 357,266 and left with 85,475 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 0.68.
Stock Price History:
Over the past 52 weeks, PTEN has reached a high of $11.69, while it has fallen to a 52-week low of $5.12. The 50-Day Moving Average of the stock is -18.25%, while the 200-Day Moving Average is calculated to be -26.57%.
Shares Statistics:
A total of 385.98M shares are outstanding, with a floating share count of 347.77M. Insiders hold about 9.90% of the company’s shares, while institutions hold 98.04% stake in the company.
