Market Update: ProPetro Holding Corp (PUMP) Sees Negative Movement, Closing at 9.38

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

In the latest session, ProPetro Holding Corp (NYSE: PUMP) closed at $9.38 down -10.75% from its previous closing price of $10.51. In other words, the price has decreased by -$10.75 from its previous closing price. On the day, 2.15 million shares were traded. PUMP stock price reached its highest trading level at $10.36 during the session, while it also had its lowest trading level at $9.375.

Ratios:

For a deeper understanding of ProPetro Holding Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.94. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.14.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 04 ’24 when SCHORLEMER DAVID SCOTT bought 4,500 shares for $6.86 per share. The transaction valued at 30,870 led to the insider holds 112,992 shares of the business.

Vion Michele sold 5,000 shares of PUMP for $41,300 on Aug 26 ’24. The Director now owns 34,006 shares after completing the transaction at $8.26 per share. On Aug 26 ’24, another insider, Vion Michele, who serves as the Director of the company, bought 5,000 shares for $8.26 each.

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 965483392 and an Enterprise Value of 1199739648. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at 0.815 whereas that against EBITDA is 4.325.

Stock Price History:

The Beta on a monthly basis for PUMP is 2.01, which has changed by 0.1808989 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, PUMP has reached a high of $11.17, while it has fallen to a 52-week low of $6.53. The 50-Day Moving Average of the stock is 2.56%, while the 200-Day Moving Average is calculated to be 9.19%.

Shares Statistics:

For the past three months, PUMP has traded an average of 1.71M shares per day and 1588630 over the past ten days. A total of 103.28M shares are outstanding, with a floating share count of 78.76M. Insiders hold about 23.48% of the company’s shares, while institutions hold 78.53% stake in the company. Shares short for PUMP as of 1735603200 were 9209216 with a Short Ratio of 5.39, compared to 1732838400 on 10014550. Therefore, it implies a Short% of Shares Outstanding of 9209216 and a Short% of Float of 16.790001.

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