U.S. Silica Holdings Inc (NYSE:SLCA) SVP Donna Lynnette Crowder purchased 10,000 shares of the firm’s stock in a transaction dated Wednesday, March 25th. The stock was purchased at an average cost of $1.46 per share, for a total transaction of $14,600.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.
SLCA traded up $0.29 during trading on Thursday, reaching $1.75. The stock had a trading volume of 2,141,813 shares, compared to its average volume of 3,184,179. The stock has a market cap of $92.19 million, a PE ratio of -0.39 and a beta of 2.44. The company has a debt-to-equity ratio of 1.86, a quick ratio of 1.15 and a current ratio of 1.52. U.S. Silica Holdings Inc has a one year low of $0.79 and a one year high of $18.72. The business has a 50-day moving average of $3.89 and a 200-day moving average of $5.96.
U.S. Silica (NYSE:SLCA) last announced its quarterly earnings data on Tuesday, February 25th. The mining company reported ($0.53) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.56) by $0.03. U.S. Silica had a negative return on equity of 4.98% and a negative net margin of 22.32%. The firm had revenue of $339.06 million for the quarter, compared to analysts’ expectations of $294.72 million. During the same period last year, the firm earned ($0.04) earnings per share. The company’s revenue for the quarter was down 5.1% compared to the same quarter last year. Equities research analysts forecast that U.S. Silica Holdings Inc will post -1.69 EPS for the current fiscal year.
Several large investors have recently made changes to their positions in the company. ProShare Advisors LLC grew its stake in shares of U.S. Silica by 17.1% during the fourth quarter. ProShare Advisors LLC now owns 11,961 shares of the mining company’s stock valued at $74,000 after buying an additional 1,748 shares during the last quarter. Swiss National Bank grew its stake in shares of U.S. Silica by 2.5% during the fourth quarter. Swiss National Bank now owns 133,850 shares of the mining company’s stock valued at $823,000 after buying an additional 3,300 shares during the last quarter. FMR LLC grew its stake in shares of U.S. Silica by 624.3% during the first quarter. FMR LLC now owns 4,230 shares of the mining company’s stock valued at $73,000 after buying an additional 3,646 shares during the last quarter. M&T Bank Corp grew its stake in shares of U.S. Silica by 33.1% during the fourth quarter. M&T Bank Corp now owns 18,521 shares of the mining company’s stock valued at $113,000 after buying an additional 4,602 shares during the last quarter. Finally, UBS Asset Management Americas Inc. grew its stake in shares of U.S. Silica by 7.9% during the fourth quarter. UBS Asset Management Americas Inc. now owns 73,753 shares of the mining company’s stock valued at $454,000 after buying an additional 5,389 shares during the last quarter. 93.42% of the stock is currently owned by hedge funds and other institutional investors.
Several research firms have recently weighed in on SLCA. Tudor Pickering cut shares of U.S. Silica from a “buy” rating to a “hold” rating in a report on Wednesday, March 11th. Zacks Investment Research cut shares of U.S. Silica from a “hold” rating to a “strong sell” rating and set a $5.75 price target on the stock. in a report on Monday, December 9th. Evercore ISI cut U.S. Silica to a “sell” rating in a research note on Tuesday, March 17th. ValuEngine cut U.S. Silica from a “buy” rating to a “hold” rating in a research note on Tuesday, March 17th. Finally, Citigroup cut U.S. Silica to a “sell” rating in a research note on Friday, March 13th. Six investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $9.80.
U.S. Silica Company Profile
U.S. Silica Holdings, Inc produces and sells commercial silica in the United States. The company operates through two segments, Oil & Gas Proppants and Industrial & Specialty Products. It offers whole grain commercial silica products to be used as fracturing sand in connection with oil and natural gas recovery, as well as sells its whole grain silica products in various size distributions, grain shapes, and chemical purity levels for manufacturing glass products.
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