Smart Sand (NASDAQ:SND - Get Free Report) issued its quarterly earnings results on Monday. The company reported $0.09 EPS for the quarter, hitting the consensus estimate of $0.09, Zacks reports. The firm had revenue of $91.36 million for the quarter, compared to analysts' expectations of $65.90 million. Smart Sand had a negative net margin of 1.96% and a negative return on equity of 1.74%.
Smart Sand Trading Up 0.9 %
Smart Sand stock traded up $0.02 during mid-day trading on Friday, hitting $2.16. The stock had a trading volume of 181,980 shares, compared to its average volume of 124,650. The stock has a 50-day simple moving average of $2.32 and a two-hundred day simple moving average of $2.23. The stock has a market capitalization of $92.71 million, a PE ratio of -15.43 and a beta of 1.03. Smart Sand has a 12 month low of $1.73 and a 12 month high of $2.80. The company has a current ratio of 1.71, a quick ratio of 0.98 and a debt-to-equity ratio of 0.04.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised Smart Sand from a "hold" rating to a "buy" rating in a research note on Wednesday.
Read Our Latest Analysis on SND
About Smart Sand
(
Get Free Report)
Smart Sand, Inc, an integrated frac and industrial sand supply and services company, engages in the excavation, processing, and sale of sands or proppant for use in hydraulic fracturing operations in the oil and gas industry in the United States. It also provides proppant logistics services; and wellsite storage solutions through SmartSystems products and services.
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