Market Highlights: ProPetro Holding Corp (PUMP) Ends on a High Note at 9.01

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The price of ProPetro Holding Corp (NYSE: PUMP) closed at $9.01 in the last session, up 1.69% from day before closing price of $8.86. In other words, the price has increased by $1.69 from its previous closing price. On the day, 2.16 million shares were traded. PUMP stock price reached its highest trading level at $9.135 during the session, while it also had its lowest trading level at $8.83.

Ratios:

We take a closer look at PUMP’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 17.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.23. For the most recent quarter (mrq), Quick Ratio is recorded 1.12 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.13.

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 Jun 12 ’24 when Vion Michele sold 7,778 shares for $9.21 per share. The transaction valued at 71,635 led to the insider holds 39,006 shares of the business.

Munoz Adam sold 42,573 shares of PUMP for $395,077 on May 03 ’24. The President and COO now owns 58,134 shares after completing the transaction at $9.28 per share. On Nov 03 ’23, another insider, Vion Michele, who serves as the Director of the company, sold 14,426 shares for $10.48 each. As a result, the insider received 151,184 and left with 25,668 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PUMP now has a Market Capitalization of 964421440 and an Enterprise Value of 1082631680. As of this moment, ProPetro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.29, and their Forward P/E ratio for the next fiscal year is 13.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at 0.671 whereas that against EBITDA is 2.897.

Stock Price History:

Over the past 52 weeks, PUMP has reached a high of $11.37, while it has fallen to a 52-week low of $6.99. The 50-Day Moving Average of the stock is 0.33%, while the 200-Day Moving Average is calculated to be 3.23%.

Shares Statistics:

According to the various share statistics, PUMP traded on average about 1.65M shares per day over the past 3-months and 1192810 shares per day over the past 10 days. A total of 109.48M shares are outstanding, with a floating share count of 82.87M. Insiders hold about 22.58% of the company’s shares, while institutions hold 80.46% stake in the company. Shares short for PUMP as of 1719532800 were 9936113 with a Short Ratio of 6.04, compared to 1717113600 on 9282609. Therefore, it implies a Short% of Shares Outstanding of 9936113 and a Short% of Float of 16.85.

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