These two stocks can make you build again: Boyd Gaming Corporation (BYD), ProPetro Holding Corp. (PUMP)

JOHNSON MARIANNE BOYD, Executive Vice President, sold 26,493 shares of the Boyd Gaming Corporation (NYSE:BYD) in an exchange that happened on August 31st, 2018. The stock was sold at an average price of $36.41 per share, amounting to a transaction worth $964,623. The sale was made public in a document filed with the SEC. Additionally, Executive Vice President JOHNSON MARIANNE BOYD sold 600 shares of this stock in a transaction that took place on August 29th, 2018. The stock was sold at an average price of $36.67 per share, for a total exchange amounting to $22,000. After the transaction, the Executive Vice President JOHNSON MARIANNE BOYD currently holds 1,962,271 shares of the company’s stock, which is worth approximately $47918658.

With this stock price’s latest movement, it is now -39.61% away from its 1-year high and 9.51% higher than its 1-year low price. In the past seven days, the stock price volatility for Boyd Gaming Corporation was 4.38%, whereas its volatility in the past 30 days has been 4.34%. This public company’s stock also has a beta score of 1.98. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.

Boyd Gaming Corporation (NYSE:BYD) most recently published its quarterly earnings results. The firm posted $0.23 earnings per share (EPS) for the three-month period, missing analysts’ consensus estimate of $0.23. The publicly-traded organization reported revenue of $612.20 million for the quarter, compared to the average analyst forecast calling for $612.47 million, which was missing the analyst consensus estimate.

Shares of Boyd Gaming Corporation (BYD) plunged -5.17%, amounting to a loss of -$1.33 per share, to finish the regular trading session at $24.42 on Tuesday 12/04/2018. After beginning the session at $25.63, shares of Boyd Gaming Corporation reached as high as $25.84 during the day, while hitting a 1-day low of $24.32. Trade volume reached 1,612,318 shares against this stock’s average daily volume of 1.44M shares, with a total float of 81.47M. As a consequence of the price decrease, Boyd Gaming Corporation now has a current market value of 2.74B.

ProPetro Holding Corp. (NYSE:PUMP) subtracted -7.91% to its trading price by the close of the most recent session, dropping from its previous closing price of $16.30 to $15.01. This stock decreased in value by -13.64% during the last 7-day period, and experienced a loss of -14.67% over the past 30-day period. In the past three months, this stock’s price lost by -1.05% , and added 0.60% to its price during the last six months of trading. PUMP demonstrated a yearly price loss of -20.62% , while its year-to-date (YTD) price performance has been down -25.55% . This stock’s price changed by +4.82% compared to its 90-day low, and moved down -24.04% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the PUMP stock as “Sell”. In the short-term, ProPetro Holding Corp. (PUMP) has a 20-day average volume of 1,526,440 shares and short-term indicators sets the PUMP stock as “ 60% Sell ” on average basis. In the medium-term, PUMP stock has a 50-Day average volume of 1,328,212 shares and medium-term indicators gave the average rating of “ 50% Sell ”, while in the long-term period the FB stock has a 100-Day average volume of 1,372,879 shares. On average, long-term indicators rated the stock as “33% Sell ”. The overall picture from all short, medium and long-term indicators sets the PUMP stock as “56% Sell ” on average basis.

Recently, multiple brokerages have sent out reports on PUMP. BofA/Merrill, for example, Reiterated its rating on shares of ProPetro Holding Corp. to a “Buy”, while setting a $21 price target on shares of the company’s stock, according to a research note from Monday December 3rd, 2018. Citigroup Initiated their target price for this stock to $25, while giving the stock a “Buy” rating, as stated in a research report from Monday, November 19th, 2018. BofA/Merrill, on the other hand, Initiated a “Buy” rating on this stock in a research note dated Thursday, October 18th, 2018.

In other news related to ProPetro Holding Corp. stock, 0.00% shares of PUMP held by institutions. The total number of institutions who held the PUMP shares was 322, according to most recent SEC filling. During the past quarter, total 104,575,155 shares held by institutions with the net change of 6,070,840 shares. In the meantime, 52 new institutions bought the shares of ProPetro Holding Corp. for the first time and 53 institutions sold all their holdings in the company’s common stock. 155 institutions increased their investment in the PUMP stock and 143 institutions decreased their investment in the ProPetro Holding Corp. (PUMP)’s stock during the last quarter.