During the last session, ProFrac Holding Corp (NASDAQ:ACDC)’s traded shares were 0.3 million, with the beta value of the company hitting 1.19. At the end of the trading day, the stock’s price was $8.21, reflecting an intraday loss of -0.73% or -$0.06. The 52-week high for the ACDC share is $9.75, that puts it down -18.76 from that peak though still a striking 37.15% gain since the share price plummeted to a 52-week low of $5.16. The company’s market capitalization is $1.31B, and the average intraday trading volume over the past 10 days was 0.37 million shares, and the average trade volume was 559.36K shares over the past three months.
ProFrac Holding Corp (ACDC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.80. ACDC has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it.
ProFrac Holding Corp (NASDAQ:ACDC) trade information
ProFrac Holding Corp (ACDC) registered a -0.73% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.73% in intraday trading to $8.21, hitting a weekly high. The stock’s 5-day price performance is 10.35%, and it has moved by -6.70% in 30 days. Based on these gigs, the overall price performance for the year is 3.27%. The short interest in ProFrac Holding Corp (NASDAQ:ACDC) is 5.19 million shares and it means that shorts have 9.52 day(s) to cover.
The consensus price target of analysts on Wall Street is $6.75, which implies a decrease of -21.63% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6.5 and $7 respectively. As a result, ACDC is trading at a premium of 14.74% off the target high and 20.83% off the low.
ProFrac Holding Corp (ACDC) estimates and forecasts
Statistics show that ProFrac Holding Corp has underperformed its competitors in share price, compared to the industry in which it operates. ProFrac Holding Corp (ACDC) shares have gone up 11.85% during the last six months, with a year-to-date growth rate less than the industry average at -306.38% against -3.90.
While earnings are projected to return -39.75% in 2025.
ACDC Dividends
ProFrac Holding Corp is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
ProFrac Holding Corp (NASDAQ:ACDC)’s Major holders
ProFrac Holding Corp insiders own 89.79% of total outstanding shares while institutional holders control 10.00%, with the float percentage being 97.89%.