U.S. Silica (NYSE:SLCA) Sees Large Volume Increase

Shares of U.S. Silica Holdings, Inc. (NYSE:SLCA - Get Free Report) saw an uptick in trading volume on Monday . 668,862 shares traded hands during trading, a decline of 34% from the previous session's volume of 1,007,451 shares.The stock last traded at $15.70 and had previously closed at $15.89.

U.S. Silica Trading Down 2.1 %

The company has a current ratio of 3.62, a quick ratio of 2.74 and a debt-to-equity ratio of 0.92. The stock has a market cap of $1.22 billion, a P/E ratio of 10.59 and a beta of 2.23. The firm's 50-day simple moving average is $12.35 and its 200 day simple moving average is $11.66.

U.S. Silica (NYSE:SLCA - Get Free Report) last posted its earnings results on Friday, April 26th. The mining company reported $0.20 EPS for the quarter, hitting the consensus estimate of $0.20. U.S. Silica had a net margin of 8.08% and a return on equity of 13.77%. The firm had revenue of $325.90 million during the quarter, compared to analysts' expectations of $336.59 million. During the same quarter in the prior year, the firm earned $0.64 EPS. U.S. Silica's quarterly revenue was down 26.3% on a year-over-year basis. As a group, equities research analysts anticipate that U.S. Silica Holdings, Inc. will post 1.17 earnings per share for the current year.

Insiders Place Their Bets

In other U.S. Silica news, EVP James Derek Ussery sold 46,433 shares of the company's stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of $14.00, for a total value of $650,062.00. Following the completion of the transaction, the executive vice president now owns 174,772 shares in the company, valued at approximately $2,446,808. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, EVP James Derek Ussery sold 46,433 shares of the stock in a transaction that occurred 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 completion of the transaction, the executive vice president now directly owns 174,772 shares in the company, valued at $2,446,808. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Stacy Russell sold 20,000 shares of the stock in a transaction that occurred on 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 transaction, the executive vice president now owns 186,752 shares of the company's stock, valued at $2,241,024. The disclosure for this sale can be found here. 3.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC acquired a new stake in U.S. Silica during the fourth quarter valued at approximately $41,000. C M Bidwell & Associates Ltd. acquired a new stake in U.S. Silica during the third quarter valued at approximately $109,000. Callahan Advisors LLC acquired a new stake in U.S. Silica during the fourth quarter valued at approximately $124,000. Perfromance Wealth Partners LLC acquired a new stake in U.S. Silica during the third quarter valued at approximately $140,000. Finally, Victory Capital Management Inc. lifted its stake in U.S. Silica by 26.3% during the fourth quarter. Victory Capital Management Inc. now owns 16,235 shares of the mining company's stock valued at $184,000 after purchasing an additional 3,378 shares during the last quarter. 87.77% of the stock is currently owned by institutional investors.

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.