Are Things Looking Up For ProFrac Holding Corp (NASDAQ: ACDC)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

The company is listed on the NASDAQ and operates within the Oil & Gas Equipment & Services industry segment. The current market capitalization of ProFrac Holding Corp is $1.16B. A total of 0.52 million shares were traded on the day, compared to an average of 803.24K shares.

In the most recent transaction, THRC Holdings, LP bought 353,635 shares of ACDC for 6.17 per share on Sep 12 ’24. After the transaction, the 10% Owner now owns 79,197,549 company shares. In a previous transaction on Sep 10 ’24, THRC Holdings, LP bought 262,853 shares at 6.44 per share. ACDC shares that 10% Owner owns now total 78,843,915.

Among the insiders who bought shares, THRC Holdings, LP acquired of 2,154 shares on Sep 09 ’24 at a per-share price of $6.25. This resulted in the 10% Owner holding 78,581,062 shares of ACDC after the transaction. In another insider transaction, THRC Holdings, LP bought 216,043 shares at $6.21 per share on Sep 06 ’24. Company shares held by the 10% Owner now total 78,578,908.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, ACDC has a high of $9.75 and a low of $5.16.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ACDC’s latest balance sheet shows that the firm has $5.40M in Cash & Short Term Investments as of fiscal 2021. There were $301.60M in debt and $246.70M in liabilities at the time. Its Book Value Per Share was $6.88, while its Total Shareholder’s Equity was $148.10M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ACDC is Buy with a score of 3.17.

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