Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
ProPetro Holding Corp (NYSE: PUMP) closed the day trading at $8.64 up 2.25% from the previous closing price of $8.45. In other words, the price has increased by $2.25 from its previous closing price. On the day, 1.19 million shares were traded. PUMP stock price reached its highest trading level at $8.7 during the session, while it also had its lowest trading level at $8.34.
Ratios:
For a better understanding of PUMP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 240.16. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.15. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.11.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 03 ’23 when Vion Michele sold 14,426 shares for $10.48 per share. The transaction valued at 151,184 led to the insider holds 25,668 shares of the business.
GOBE PHILLIP A sold 20,000 shares of PUMP for $220,000 on Sep 18 ’23. The Director now owns 168,629 shares after completing the transaction at $11.00 per share. On Sep 12 ’23, another insider, GOBE PHILLIP A, who serves as the Director of the company, sold 15,000 shares for $10.50 each. As a result, the insider received 157,500 and left with 188,629 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 929378944 and an Enterprise Value of 1016420800. As of this moment, ProPetro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.61, and their Forward P/E ratio for the next fiscal year is 13.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 0.623 whereas that against EBITDA is 2.625.
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 $6.33. The 50-Day Moving Average of the stock is 9.81%, while the 200-Day Moving Average is calculated to be -4.22%.
Shares Statistics:
Over the past 3-months, PUMP traded about 1.54M shares per day on average, while over the past 10 days, PUMP traded about 1699230 shares per day. A total of 109.48M shares are outstanding, with a floating share count of 79.83M. Insiders hold about 25.79% of the company’s shares, while institutions hold 85.26% stake in the company. Shares short for PUMP as of 1711584000 were 3967946 with a Short Ratio of 2.57, compared to 1709164800 on 4117549. Therefore, it implies a Short% of Shares Outstanding of 3967946 and a Short% of Float of 6.670000399999999.
