Your email has been successfully added to our mailing list.

×
0 0.00398936170212769 0.00664893617021274 0.00531914893617022 0.00531914893617022 0.00265957446808517 -0.00398936170212769 -0.00930851063829791
Stock impact report

ProFrac: Debt Will Become An Issue If Demand Continues To Deteriorate [Seeking Alpha]

ProFrac Holding Corp. - Class A (ACDC) 
Company Research Source: Seeking Alpha
ACDC is in the process of cutting costs and raising capital, but without revenue growth, ProFrac may only be able to achieve cash flow breakeven. ProFrac's debt isn't an immediate concern, but a recession in the next few years would force the company to make some difficult decisions. While ProFrac could generate strong returns, if and when the market recovers, I expect further downside in the short term. FreezeFrames/iStock via Getty Images Deteriorating onshore activity levels in the US continue to weigh on ProFrac's ( ACDC ) business. Guidance suggests this situation will worsen in the fourth quarter, and there is little reason to expect a meaningful improvement in the near-term. This This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not recei Show less Read more
Impact Snapshot
Event Time:
ACDC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ACDC alerts
Opt-in for
ACDC alerts

from News Quantified
Opt-in for
ACDC alerts

from News Quantified