Smart Sand with ticker code (SND) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 4 and 2.15 calculating the mean target price we have 3.05. Given that the stocks previous close was at 2.33 this is indicating there is a potential upside of 30.9%. There is a 50 day moving average of 1.96 and the 200 moving average now moves to 2.37. The market cap for the company is $120m. 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 operates SmartSystems, a wellsite proppant storage solution; and offers logistics services. The company sells its products primarily to oil and natural gas exploration and production companies, and oilfield service companies. As of December 31, 2020, it had approximately 315 million tons of proven recoverable sand reserves. Smart Sand was incorporated in 2011 and is headquartered in The Woodlands, Texas.
