Now Is The Time To Bet on Keane Group, Inc. (FRAC)’s Stock

Powell Gregory, President and CFO, subtracted 51,495 shares of Keane Group, Inc. (FRAC) from its portfolio at the rate of $10.05 per share valuing $517,324 on Mar 06. The insider left behind 121,108 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Keane Group, Inc. (FRAC) was $7.23. Currently, the 1st Resistance Point for this stock is $7.46, with a 2nd Resistance Point sitting at $7.69. Meanwhile, this company’s stock has a 1st Support Level at $7.03 and a 2nd Support Level at $6.83. Keane Group, Inc. (FRAC) stock has lost -$0.25, or -3.34%, in the past five days. In the last full month, these shares have lost -$0.72, or -9.06%. In the past three months, this stock’s price has fallen by -$2.46, or -25.39%. This year-to-date, Keane Group, Inc. (FRAC) shares have lost -$0.95, or -11.61%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Keane Group, Inc. (FRAC) stock, 60% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 75% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Sell .”

With 104,864 K shares outstanding, this company currently has a market capitalization of $779,139K. Keane Group, Inc. (FRAC) generates $2,137 M in annual sales, amounting to annual net income of $59,330 K. This stock has generated a 1-Year Total Return of -47.42%, a 3-Year Total Return of 0.00%, and a 5-year Total Return of 0.00%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in Mar-19, Keane Group, Inc. (FRAC) reported earnings of -$0.13 per share. Wall Street analysts, on average, were expecting the company to report earnings of -$0.15 per share, representing a 0.02 difference and -12.40% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.11 represented a 0.1 difference from the consensus estimate calling for $0.01 per share, which was a 824.37% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is -$0.04 per share. This estimate came from a total of 9 Wall Street Analysts. Of those market experts, the high estimate was $0.04 and the low estimate was -$0.11. In the year-ago quarter, Keane Group, Inc. (FRAC) generated per-share earnings of $0.35. If the analysts are correct about the current quarter’s earnings, the growth will be -111.43%.

Turning our focus now to insider trading activity, there have been 4 purchases (58,516 shares in total) and 0 sale (0 shares in total) in the last 3 months. In the last 6 months, there have been 19 insider buys amounting to 705,188 shares and 17 insider sales amounting to 351,098 shares. In the past full year, 23 insider purchases were made (involving 748,124 shares) and 18 insider sell-offs equivalent to 5,602,347 shares.

Moving onto liquidity, Keane Group, Inc. (FRAC) has a Current Ratio of 1.51, a Quick Ratio of 1.34 and a Cash Ratio of 0.36. Looking at this company’s capital structure, its Total Debt to Total Equity is 72.10, its Total Debt to Total Capital is 41.89, and its Total Debt to Total Assets is now 33.31. Looking even further ahead into the future, its Long-Term Debt to Equity is 70.51 and its Long-Term Debt to Total Capital is 40.97.