Smart Sand (NASDAQ:SND - Get Free Report) declared a special dividend on Wednesday, July 23rd, RTT News reports. Investors of record on Monday, August 4th will be paid a dividend of 0.10 per share on Thursday, August 14th. The ex-dividend date is Monday, August 4th.
Smart Sand Price Performance
SND stock traded down $0.08 on Friday, reaching $2.01. 66,195 shares of the company's stock were exchanged, compared to its average volume of 68,854. The stock has a fifty day moving average of $1.97 and a 200-day moving average of $2.15. Smart Sand has a twelve month low of $1.73 and a twelve month high of $2.80. The firm has a market cap of $88.60 million, a PE ratio of -3.72 and a beta of 0.85. The company has a quick ratio of 1.01, a current ratio of 1.75 and a debt-to-equity ratio of 0.04.
Smart Sand (NASDAQ:SND - Get Free Report) last announced its quarterly earnings data on Tuesday, May 13th. The company reported ($0.62) earnings per share for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.59). Smart Sand had a negative return on equity of 8.30% and a negative net margin of 7.15%. The business had revenue of $65.56 million for the quarter, compared to analyst estimates of $60.00 million. As a group, equities analysts predict that Smart Sand will post 0.07 EPS for the current fiscal year.
Analysts Set New Price Targets
Separately, Wall Street Zen lowered Smart Sand from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 22nd.
Read Our Latest Analysis on Smart Sand
Institutional Trading of Smart Sand
Large investors have recently bought and sold shares of the company. Jane Street Group LLC boosted its stake in shares of Smart Sand by 348.8% during the first quarter. Jane Street Group LLC now owns 81,013 shares of the company's stock valued at $210,000 after acquiring an additional 62,961 shares during the last quarter. Empowered Funds LLC lifted its position in Smart Sand by 7.0% during the first quarter. Empowered Funds LLC now owns 161,480 shares of the company's stock worth $418,000 after buying an additional 10,588 shares during the period. Finally, Goldman Sachs Group Inc. purchased a new position in Smart Sand during the first quarter worth about $26,000. Institutional investors and hedge funds own 35.21% of the company's stock.
Smart Sand Company Profile
(
Get Free Report)
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.
Further Reading
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