ProPetro Holding Corp’s recent filing unveils that its Director Lawrence G Larry unloaded Company’s shares for reported $74912.0 on Mar 07 ’25. In the deal valued at $7.39 per share,10,137 shares were sold. As a result of this transaction, Lawrence G Larry now holds 44,892 shares worth roughly $0.31 million.
Then, Lawrence G Larry bought 10,137 shares, generating $74,920 in total proceeds.
Before that, SCHORLEMER DAVID SCOTT bought 4,500 shares. ProPetro Holding Corp shares valued at $30,870 were divested by the Chief Financial Officer at a price of $6.86 per share. As a result of the transaction, SCHORLEMER DAVID SCOTT now holds 112,992 shares, worth roughly $0.77 million.
JP Morgan upgraded its ProPetro Holding Corp [PUMP] rating to a Neutral from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who decreased its forecast for the stock in mid January from “a Buy” to “a Hold”. The Benchmark Company also remained covering PUMP and has increased its forecast on July 19, 2023 with a “Buy” recommendation from previously “Hold” rating. The Benchmark Company started covering the stock on January 19, 2023. It rated PUMP as “a Hold”.
Price Performance Review of PUMP
On Tuesday, ProPetro Holding Corp [NYSE:PUMP] saw its stock fall -0.29% to $6.82. Over the last five days, the stock has lost -0.87%. ProPetro Holding Corp shares have fallen nearly -26.90% since the year began. Nevertheless, the stocks have fallen -9.43% over the past one year. While a 52-week high of $11.17 was reached on 01/17/25, a 52-week low of $6.53 was recorded on 03/13/25. SMA at 50 days reached $8.90, while 200 days put it at $8.44.
Levels Of Support And Resistance For PUMP Stock
The 24-hour chart illustrates a support level at 6.72, which if violated will result in even more drops to 6.62. On the upside, there is a resistance level at 6.92. A further resistance level may holdings at 7.02. The Relative Strength Index (RSI) on the 14-day chart is 28.00, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.15%. Stochastics %K at 9.70% indicates the stock is a buying.
How much short interest is there in ProPetro Holding Corp?
A steep rise in short interest was recorded in ProPetro Holding Corp stocks on 2025-02-28, growing by 1.04 million shares to a total of 11.51 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 10.46 million shares. There was a rise of 9.07%, which implies that there is a positive sentiment for the stock.
