Currently, there are 160.20M common shares owned by the public and among those 13.05M shares have been available to trade.
The company’s stock has a 5-day price change of 14.38% and 28.02% over the past three months. ACDC shares are trading 14.82% year to date (YTD), with the 12-month market performance up to 27.29% higher. It has a 12-month low price of $5.16 and touched a high of $9.75 over the same period. ACDC has an average intraday trading volume of 534.44K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 13.41%, 15.23%, and 18.44% respectively.
Institutional ownership of ProFrac Holding Corp (NASDAQ: ACDC) shares accounts for 7.75% of the company’s 160.20M shares outstanding.
It has a market capitalization of $1.43B and a beta (3y monthly) value of 1.20. The earnings-per-share (ttm) stands at -$1.33. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.69% over the week and 6.15% over the month.
Earnings per share for the fiscal year are expected to decrease by -65.10%, and 18.35% over the next financial year.
Looking at the support for the ACDC, a number of firms have released research notes about the stock. JP Morgan stated their Underweight rating for the stock in a research note on December 06, 2024, with the firm’s price target at $7. Morgan Stanley coverage for the ProFrac Holding Corp (ACDC) stock in a research note released on October 17, 2024 offered a Underweight rating with a price target of $6.50. Morgan Stanley on their part issued Equal-Weight rating on October 17, 2023.
