Smart Sand (NASDAQ:SND) Shares Up 0.5%

Smart Sand, Inc. (NASDAQ:SND - Get Free Report)'s share price shot up 0.5% during trading on Tuesday . The company traded as high as $1.94 and last traded at $1.92. 106,880 shares traded hands during trading, a decline of 14% from the average session volume of 124,291 shares. The stock had previously closed at $1.91.

Smart Sand Stock Up 0.5 %

The firm has a 50 day moving average price of $1.90 and a 200-day moving average price of $2.00. The company has a current ratio of 1.14, a quick ratio of 0.64 and a debt-to-equity ratio of 0.01. The firm has a market cap of $82.58 million, a PE ratio of 13.71 and a beta of 1.03.

Institutional Investors Weigh In On Smart Sand

Several hedge funds and other institutional investors have recently made changes to their positions in SND. Clearlake Capital Group L.P. acquired a new stake in shares of Smart Sand during the 2nd quarter worth about $27,000. Prudential Financial Inc. acquired a new stake in shares of Smart Sand during the 1st quarter worth about $35,000. Kingsview Wealth Management LLC acquired a new position in Smart Sand during the second quarter worth approximately $35,000. AJOVista LLC acquired a new position in Smart Sand during the fourth quarter worth approximately $35,000. Finally, Cambridge Investment Research Advisors Inc. acquired a new position in Smart Sand during the third quarter worth approximately $37,000. Institutional investors and hedge funds own 35.21% of the company's stock.

About Smart Sand

Smart Sand, Inc, an integrated frac and industrial 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 proppant logistics services; and wellsite storage solutions through SmartSystems products and services.

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