Propetro Holding Corp (PUMP) is up 6.04% today with no major news coming from the company recently as investors speculate on the stock with market sentiment high on PUMP as it has been trending consistently upwards over the past month. PUMP is up over 57% since July 13th. The stock is still a far ways from where it was back in April 2019 when it was trading around $23/share compared to its $7 price point now. It seems many investors believe the stock to now be undervalued as it fell to hard from where it was and the recent rise has gotten the attention of many traders now.
PUMP stock is down -43.90% over the last 12 months, and the average rating from Wall Street analysts is a Buy. InvestorsObserver’s proprietary scoring system, gives PUMP stock a score of 34 out of a possible 100.
That score is influenced by a short-term technical score of 3. PUMP’s score also includes a fundamental score of 49. In addition to the average rating from Wall Street analysts, PUMP stock has a mean target price of 7.921. This means analysts expect the stock to increase 15.64% over the next 12 months. The long-term technical score for PUMP is 51.
What’s Happening with PUMP Stock Today
Propetro Holding Corp (PUMP) stock is trading at $6.85 as of 9:43 AM on Tuesday, Aug 11, an increase of $0.39, or 6.04% from the previous closing price of $6.46. The stock has traded between $6.73 and $6.87 so far today. Volume today is light. So far 14,160 shares have traded compared to average volume of 1,307,324 shares.
