ProFrac Holding Corp (NASDAQ:ACDC) price on Wednesday, April 30, fall -9.59% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $4.15.
A look at the stock’s price movement, the close in the last trading session was $4.59, moving within a range at $4.13 and $4.55. The beta value (5-Year monthly) was 1.052. Turning to its 52-week performance, $9.75 and $4.00 were the 52-week high and 52-week low respectively. Overall, ACDC moved -45.32% over the past month.
ProFrac Holding Corp’s market cap currently stands at around $664.74 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-05.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ACDC is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend ACDC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
ACDC’s current price about -16.25% and -35.11% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 33.66, while 7-day volatility ratio is 7.58% and 12.36% in the 30-day chart. Further, ProFrac Holding Corp (ACDC) has a beta value of 1.14, and an average true range (ATR) of 0.52. Analysts have given the company’s stock an average 52-week price target of $6.75, forecast between a low of $6.5 and high of $7. Looking at the price targets, the low is -56.63% off current price level while to achieve the yearly target high, price needs to move -68.67%. Nonetheless, investors will most likely welcome a -62.65% jump to $6.75 which is the analysts’ median price.
If we refocus on ProFrac Holding Corp (NASDAQ:ACDC), historical trading data shows that trading volumes averaged 0.7 over the past 10 days and 608.83K over the past 3 months. The company’s latest data on shares outstanding shows there are 160.20 million shares.
The 92.59% of ProFrac Holding Corp’s shares are in the hands of company insiders while institutional holders own 8.44% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 4.31 million on 2025-04-15, giving us a short ratio of 5.96. The data shows that as of 2025-04-15 short interest in ProFrac Holding Corp (ACDC) stood at 1910.0000000000002 of shares outstanding, with shares short falling to 4.64 million registered in 2025-03-14. Current price change has pushed the stock -46.52% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ACDC stock continues to rise going into the next quarter.
