A Few Bright Spots In ProPetro Holding Corp (NYSE: PUMP)

ProPetro Holding Corp (NYSE:PUMP) currently has a daily average trading volume of 1.52M but it saw 1207383 shares traded in last market. With a market cap of 859.32M USD, the company’s current market price of $8.25 came rising about 0.98 while comparing to the previous closing price of $8.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.37 and as low as $6.99. In the recent trading on the day, stock has struck highest price mark of $8.175 while lowest mark touched by it was $8.33.

Taking a look at 20-day trading activity of ProPetro Holding Corp (PUMP) gives us an average price of $8.60, while its current price level is -27.44% below from 52-week high level whereas it is 18.02% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $8.65 while that of 200 days or SMA-200 reads an average of $8.59. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.50% during that period while stretching the period over a month that decreases to 4.14%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 44.93 which implies that the stock is in neutral territory.

Over the week, PUMP’s stock price is moving -10.42% down while it is 0.61% when we observe its performance for the past one month. Year-to-date it is -1.55% down and over the past year, the stock is showing a downside performance of -18.88%.

Currently, ProPetro Holding Corp’s total number of outstanding shares is 109.48M. Company’s return on investment (ROI) stands at 3.08% and return on equity (ROE) at 3.42%. It has a price to earnings ratio (P/E ratio) of 27.36 while having a 18.06 of forward P/E ratio. Stock’s beta reads 2.06. Stock has a price to book (P/B) ratio of 0.88 while price to sale or P/S ratio amounts to 0.56. Its return on asset (ROA) is 2.30% on average.