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As of close of business last night, ProFrac Holding Corp’s stock clocked out at $6.60, down -0.15% from its previous closing price of $6.61. In other words, the price has decreased by -$0.15 from its previous closing price. On the day, 0.56 million shares were traded. ACDC stock price reached its highest trading level at $6.74 during the session, while it also had its lowest trading level at $6.49.
Ratios:
To gain a deeper understanding of ACDC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 44.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.14. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 1.08 whereas as Long-Term Debt/Eq ratio is at 0.93.
On October 17, 2023, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $18 to $14.
JP Morgan Downgraded its Overweight to Neutral on May 11, 2023, while the target price for the stock was maintained at $15.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 12 ’24 when THRC Holdings, LP bought 353,635 shares for $6.17 per share. The transaction valued at 2,181,928 led to the insider holds 79,197,549 shares of the business.
THRC Holdings, LP bought 262,853 shares of ACDC for $1,692,773 on Sep 10 ’24. The 10% Owner now owns 78,843,915 shares after completing the transaction at $6.44 per share. On Sep 09 ’24, another insider, THRC Holdings, LP, who serves as the 10% Owner of the company, bought 2,154 shares for $6.25 each. As a result, the insider paid 13,462 and bolstered with 78,581,062 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, ACDC now has a Market Capitalization of 1056970240 and an Enterprise Value of 2465867520. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 1.109 whereas that against EBITDA is 4.561.
Stock Price History:
Over the past 52 weeks, ACDC has reached a high of $11.51, while it has fallen to a 52-week low of $5.59. The 50-Day Moving Average of the stock is -5.23%, while the 200-Day Moving Average is calculated to be -14.65%.
Shares Statistics:
It appears that ACDC traded 847.46K shares on average per day over the past three months and 841670 shares per day over the past ten days. A total of 159.40M shares are outstanding, with a floating share count of 12.74M. Insiders hold about 92.04% of the company’s shares, while institutions hold 8.20% stake in the company. Shares short for ACDC as of 1724976000 were 6128547 with a Short Ratio of 7.23, compared to 1722384000 on 4643814. Therefore, it implies a Short% of Shares Outstanding of 6128547 and a Short% of Float of 27.18.
