Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, ProPetro Holding Corp (NYSE: PUMP) closed at $8.93 up 2.41% from its previous closing price of $8.72. In other words, the price has increased by $2.41 from its previous closing price. On the day, 5.56 million shares were traded. PUMP stock price reached its highest trading level at $9.73 during the session, while it also had its lowest trading level at $8.665.
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 23.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 248.22. 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:
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 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 960573312 and an Enterprise Value of 1045463872. As of this moment, ProPetro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.00, and their Forward P/E ratio for the next fiscal year is 12.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 0.641 whereas that against EBITDA is 2.7.
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 12.08%, while the 200-Day Moving Average is calculated to be -0.85%.
Shares Statistics:
For the past three months, PUMP has traded an average of 1.57M shares per day and 2109470 over the past ten days. A total of 109.48M shares are outstanding, with a floating share count of 89.80M. Insiders hold about 16.52% of the company’s shares, while institutions hold 85.24% stake in the company. Shares short for PUMP as of 1713139200 were 3830208 with a Short Ratio of 2.44, compared to 1710460800 on 4667787. Therefore, it implies a Short% of Shares Outstanding of 3830208 and a Short% of Float of 6.4399999999999995.
