Smart Sand, Inc. which can be found using ticker (SND) have now 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 3 and 2.5 calculating the mean target price we have $2.75. Given that the stocks previous close was at $1.66 this is indicating there is a potential upside of 65.7%. The 50 day moving average now sits at $1.82 and the 200 moving average now moves to $1.87. The company has a market capitalization of $76m. You can visit the company’s website by visiting: https://www.smartsand.com
The potential market cap would be $126m based on the market consensus.
Smart Sand, Inc., 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 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, 2022, it had approximately 247 million tons of proven and probable recoverable sand reserves. Smart Sand, Inc. was incorporated in 2011 and is headquartered in Spring, Texas.
The company is not paying dividends at this time.
