ProPetro Holding Corp (PUMP) Down -35.18% From Its 52-Week High, But Growth Potential Is Changing Over Time

ProPetro Holding Corp (NYSE:PUMP) currently has a daily average trading volume of 1.39M but it saw 1054921 shares traded in last market. With a market cap of 767.66M USD, the company’s current market price of $7.37 came falling about -2.90 while comparing to the previous closing price of $7.59. 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 $7.36 while lowest mark touched by it was $7.67.

Taking a look at 20-day trading activity of ProPetro Holding Corp (PUMP) gives us an average price of $8.09, while its current price level is -35.18% below from 52-week high level whereas it is 5.43% 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 $8.35 while that of 200 days or SMA-200 reads an average of $8.41. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.52% during that period while stretching the period over a month that decreases to 2.76%. 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 33.91 which implies that the stock is in neutral territory.

Over the week, PUMP’s stock price is moving -7.30% down while it is -9.35% when we observe its performance for the past one month. Year-to-date it is -12.05% down and over the past year, the stock is showing a downside performance of -25.63%.

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 24.44 while having a 17.46 of forward P/E ratio. Stock’s beta reads 2.03. Stock has a price to book (P/B) ratio of 0.79 while price to sale or P/S ratio amounts to 0.50. Its return on asset (ROA) is 2.30% on average.