Smart Sand found using ticker (SND) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 4 and 3 calculating the average target price we see 3.5. With the stocks previous close at 3.32 this indicates there is a potential upside of 5.4%. The 50 day MA is 3.74 and the 200 day MA is 2.65. The company has a market capitalisation of $144m. Company Website: https://www.smartsand.com
The potential market cap would be $152m 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.
