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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of ProFrac Holding Corp (NASDAQ: ACDC) was $6.12 for the day, up 4.79% from the previous closing price of $5.84. In other words, the price has increased by $4.79 from its previous closing price. On the day, 1.36 million shares were traded. ACDC stock price reached its highest trading level at $6.235 during the session, while it also had its lowest trading level at $5.865.
Ratios:
Our analysis of ACDC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 40.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.62. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 10 ’24 when THRC Holdings, LP bought 262,853 shares for $6.44 per share. The transaction valued at 1,692,773 led to the insider holds 78,843,915 shares of the business.
THRC Holdings, LP bought 2,154 shares of ACDC for $13,462 on Sep 09 ’24. The 10% Owner now owns 78,581,062 shares after completing the transaction at $6.25 per share. On Sep 06 ’24, another insider, THRC Holdings, LP, who serves as the 10% Owner of the company, bought 216,043 shares for $6.21 each. As a result, the insider paid 1,341,627 and bolstered with 78,578,908 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 980099648 and an Enterprise Value of 2344156160. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 1.054 whereas that against EBITDA is 4.335.
Stock Price History:
Over the past 52 weeks, ACDC has reached a high of $11.94, while it has fallen to a 52-week low of $5.59. The 50-Day Moving Average of the stock is -14.41%, while the 200-Day Moving Average is calculated to be -21.60%.
Shares Statistics:
ACDC traded an average of 849.41K shares per day over the past three months and 1042010 shares per day over the past ten days. A total of 159.40M shares are outstanding, with a floating share count of 13.36M. Insiders hold about 91.66% of the company’s shares, while institutions hold 8.09% stake in the company. Shares short for ACDC as of 1723680000 were 5369506 with a Short Ratio of 7.22, compared to 1721001600 on 5429998. Therefore, it implies a Short% of Shares Outstanding of 5369506 and a Short% of Float of 23.809999.
