U.S. Silica (NYSE:SLCA) Reaches New 1-Year High at $15.71

U.S. Silica Holdings, Inc. (NYSE:SLCA - Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $15.71 and last traded at $15.67, with a volume of 4881248 shares traded. The stock had previously closed at $13.06.

U.S. Silica Price Performance

The company has a current ratio of 3.23, a quick ratio of 2.43 and a debt-to-equity ratio of 0.96. The company has a market capitalization of $1.24 billion, a P/E ratio of 8.50 and a beta of 2.23. The business's fifty day moving average price is $12.25 and its 200-day moving average price is $11.66.

U.S. Silica (NYSE:SLCA - Get Free Report) last posted its quarterly earnings data on Tuesday, February 27th. The mining company reported $0.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.25 by $0.03. U.S. Silica had a net margin of 9.47% and a return on equity of 18.56%. The company had revenue of $336.00 million during the quarter, compared to the consensus estimate of $343.72 million. During the same period in the previous year, the firm posted $0.43 EPS. The firm's revenue was down 18.6% compared to the same quarter last year. As a group, sell-side analysts predict that U.S. Silica Holdings, Inc. will post 1.17 earnings per share for the current fiscal year.

Insider Transactions at U.S. Silica

In related news, EVP James Derek Ussery sold 46,433 shares of U.S. Silica stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $14.00, for a total value of $650,062.00. Following the transaction, the executive vice president now owns 174,772 shares in the company, valued at approximately $2,446,808. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other U.S. Silica news, EVP Stacy Russell sold 20,000 shares of the business's stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $12.00, for a total value of $240,000.00. Following the transaction, the executive vice president now owns 186,752 shares in the company, valued at $2,241,024. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP James Derek Ussery sold 46,433 shares of the business's stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of $14.00, for a total transaction of $650,062.00. Following the transaction, the executive vice president now owns 174,772 shares in the company, valued at approximately $2,446,808. The disclosure for this sale can be found here. 3.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On U.S. Silica

Several hedge funds and other institutional investors have recently modified their holdings of the stock. TD Asset Management Inc increased its position in shares of U.S. Silica by 3.5% during the third quarter. TD Asset Management Inc now owns 26,500 shares of the mining company's stock valued at $372,000 after buying an additional 900 shares during the period. GAMMA Investing LLC lifted its stake in shares of U.S. Silica by 25.8% in the first quarter. GAMMA Investing LLC now owns 4,773 shares of the mining company's stock worth $59,000 after buying an additional 978 shares in the last quarter. Graham Capital Management L.P. lifted its stake in shares of U.S. Silica by 6.8% in the third quarter. Graham Capital Management L.P. now owns 16,909 shares of the mining company's stock worth $237,000 after buying an additional 1,078 shares in the last quarter. Los Angeles Capital Management LLC lifted its stake in shares of U.S. Silica by 2.1% in the third quarter. Los Angeles Capital Management LLC now owns 59,533 shares of the mining company's stock worth $836,000 after buying an additional 1,253 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of U.S. Silica by 7.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 19,049 shares of the mining company's stock worth $267,000 after buying an additional 1,291 shares in the last quarter. Hedge funds and other institutional investors own 87.77% of the company's stock.

About U.S. Silica

U.S. Silica Holdings, Inc produces and sells commercial silica in the United States. It operates through two segments: Oil & Gas Proppants and Industrial & Specialty Products. The company offers whole grain commercial silica products to be used as frac for oil and natural gas recovery, as well as sells its whole grain silica products for the manufacturing of glass products.