Analyst Assumes Coverage of ProFrac Holding (ACDC) with ‘Underweight' Rating [Yahoo! Finance]
ProFrac Holding Corp. - Class A (PFHC)
Company Research
Source: Yahoo! Finance
ProFrac Holding Corp. (NASDAQ:ACDC) is a technology-focused energy services company operating in the United States. ProFrac Holding Corp. (NASDAQ:ACDC) slid on December 15 when Morgan Stanley assumed coverage of the stock with an ‘Underweight' rating and a price target of $3.5, indicating a downside potential of over 7% from the current share price. The analyst noted that while energy services stocks have rebounded from their lows after having a tough 2025, it is still ‘too early to step in' since the firm expects shorter-cycle North American onshore spending to remain tight due to the uncertain oil backdrop. It is worth noting that global crude prices fell to their lowest levels since February 2021 last week, driven by recent weak employment data from the Bureau of Labor Statistics and concerns about oversupply. While the oil price has since witnessed a slight rebound, the prospects of a potential peace deal in the Russia-Ukraine war continue to weigh on it. While we acknowled
Show less
Read more
Impact Snapshot
Event Time:
PFHC
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PFHC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PFHC alerts
High impacting ProFrac Holding Corp. - Class A news events
Weekly update
A roundup of the hottest topics