U.S. Silica (NYSE:SLCA) Trading 2.9% Higher

U.S. Silica Holdings, Inc. (NYSE:SLCA - Get Free Report)'s stock price rose 2.9% on Wednesday . The company traded as high as $13.06 and last traded at $13.05. Approximately 63,054 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 834,679 shares. The stock had previously closed at $12.68.

U.S. Silica Stock Up 7.5 %

The stock has a market capitalization of $1.06 billion, a PE ratio of 7.29 and a beta of 2.23. The stock's 50-day moving average price is $11.47 and its two-hundred day moving average price is $11.71. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.43 and a current ratio of 3.23.

U.S. Silica (NYSE:SLCA - Get Free Report) last announced its earnings results on Tuesday, February 27th. The mining company reported $0.28 earnings per share for the quarter, beating 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 business had revenue of $336.00 million during the quarter, compared to the consensus estimate of $343.72 million. During the same quarter last year, the firm earned $0.43 earnings per share. The business's revenue for the quarter was down 18.6% on a year-over-year basis. As a group, analysts expect that U.S. Silica Holdings, Inc. will post 1.17 EPS for the current fiscal year.

Insider Buying and Selling at U.S. Silica

In other U.S. Silica news, EVP Stacy Russell sold 20,000 shares of the firm's stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $12.00, for a total transaction of $240,000.00. Following the completion of the sale, the executive vice president now directly owns 186,752 shares in the company, valued at approximately $2,241,024. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 3.70% of the stock is owned by company insiders.

Institutional Trading of U.S. Silica

Institutional investors have recently added to or reduced their stakes in the business. Pacer Advisors Inc. boosted its holdings in shares of U.S. Silica by 90.4% during the 4th quarter. Pacer Advisors Inc. now owns 3,817,279 shares of the mining company's stock valued at $43,173,000 after acquiring an additional 1,811,951 shares during the last quarter. Qube Research & Technologies Ltd boosted its holdings in U.S. Silica by 649.2% in the third quarter. Qube Research & Technologies Ltd now owns 155,812 shares of the mining company's stock worth $2,188,000 after purchasing an additional 135,016 shares during the last quarter. Aigen Investment Management LP bought a new stake in U.S. Silica in the 3rd quarter worth approximately $187,000. American Century Companies Inc. raised its stake in U.S. Silica by 12.4% during the 3rd quarter. American Century Companies Inc. now owns 1,040,426 shares of the mining company's stock valued at $14,608,000 after buying an additional 114,579 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC bought a new position in shares of U.S. Silica during the 3rd quarter valued at $806,000. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

U.S. Silica Company Profile

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.