Smart Sand found using ticker (SND) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 3 and 2.5 calculating the mean target price we have 2.75. With the stocks previous close at 2.04 this now indicates there is a potential upside of 34.8%. There is a 50 day moving average of 1.88 while the 200 day moving average is 2.61. The company has a market cap of $91m. You can visit the company’s website by visiting: https://www.smartsand.com
The potential market cap would be $123m 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.
