Smart Sand with ticker code (SND) have now 2 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 3 and 2.5 with the average target price sitting at 2.75. Given that the stocks previous close was at 1.72 this would imply there is a potential upside of 59.9%. The 50 day MA is 1.95 and the 200 moving average now moves to 2.45. The market capitalisation for the company is $81m. You can visit the company’s website by visiting: https://www.smartsand.com
The potential market cap would be $129m 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.
