Smart Sand, Inc. (NASDAQ:SND - Get Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $2.32 and traded as low as $2.27. Smart Sand shares last traded at $2.30, with a volume of 47,763 shares.
Smart Sand Price Performance
The company has a debt-to-equity ratio of 0.04, a current ratio of 1.71 and a quick ratio of 0.98. The stock's fifty day moving average is $2.32 and its 200-day moving average is $2.21. The stock has a market capitalization of $96.57 million, a PE ratio of -16.07 and a beta of 1.09.
Institutional Investors Weigh In On Smart Sand
Institutional investors have recently modified their holdings of the business. Empowered Funds LLC boosted its position in Smart Sand by 5.3% during the third quarter. Empowered Funds LLC now owns 143,983 shares of the company's stock worth $284,000 after purchasing an additional 7,236 shares in the last quarter. JB Capital Partners LP purchased a new position in shares of Smart Sand during the 3rd quarter valued at approximately $376,000. Garden State Investment Advisory Services LLC acquired a new stake in Smart Sand in the 3rd quarter valued at $85,000. Geode Capital Management LLC increased its holdings in Smart Sand by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 425,804 shares of the company's stock worth $839,000 after acquiring an additional 5,540 shares in the last quarter. Finally, Ritholtz Wealth Management raised its position in Smart Sand by 33.6% during the fourth quarter. Ritholtz Wealth Management now owns 109,876 shares of the company's stock worth $247,000 after acquiring an additional 27,664 shares during the period. 35.21% of the stock is currently owned by institutional investors and hedge funds.
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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