Smart Sand found using ticker (SND) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 4 and 3 calculating the mean target price we have 3.5. Given that the stocks previous close was at 3.38 this now indicates there is a potential upside of 3.6%. The 50 day moving average now sits at 3.77 while the 200 day moving average is 2.69. The market capitalisation for the company is $153m. Visit the company website at: https://www.smartsand.com
The potential market cap would be $158m based on the market concensus.
Smart Sand, an integrated frac 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 logistics services; and SmartSystems, a wellsite proppant storage solution. The company sells its products primarily to oil and natural gas exploration and production companies, oilfield service companies, and industrial manufacturers. As of December 31, 2021, it had approximately 250 million tons of proven and probable recoverable sand reserves. Smart Sand was incorporated in 2011 and is headquartered in The Woodlands, Texas.
