Smart Sand Inc (SND) Stock Up 0.92%: Is It a Good Investment?

A share price of Smart Sand Inc [SND] is currently trading at $2.19, up 0.92%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SND shares have gain 3.30% over the last week, with a monthly amount glided 19.02%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Smart Sand Inc [NASDAQ: SND] stock has seen the most recent analyst activity on June 29, 2021, when Evercore ISI upgraded its rating to a In-line but kept the price target unchanged to $4 for it. Previously, Evercore ISI downgraded its rating to Underperform on March 09, 2020. On July 17, 2019, upgrade upgraded it’s rating to Buy and revised its price target to $5 on the stock. B. Riley FBR started tracking the stock assigning a Neutral rating and suggested a price target of $4.50 on March 20, 2019. Piper Jaffray downgraded its rating to a Neutral. Credit Suisse downgraded its rating to Underperform for this stock on November 12, 2018. In a note dated October 17, 2018, Jefferies downgraded an Underperform rating on this stock.

Smart Sand Inc experienced fluctuations in its stock price throughout the past year between $1.65 and $2.80. Currently, Wall Street analysts expect the stock to reach $2.25 within the next 12 months. Smart Sand Inc [NASDAQ: SND] shares were valued at $2.19 at the most recent close of the market. An investor can expect a potential return of 2.74% based on the average SND price forecast.

Analyzing the SND fundamentals

Trailing Twelve Months sales for Smart Sand Inc [NASDAQ:SND] were 293.88M which represents -21.06% decline. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.09 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.15.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.15 points at the first support level, and at 2.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.23, and for the 2nd resistance point, it is at 2.28.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Smart Sand Inc [NASDAQ:SND] is 1.75. In addition, the Quick Ratio stands at 1.01 and the Cash Ratio stands at 0.13. Considering the valuation of this stock, the price to sales ratio is 0.33, the price to book ratio is 0.39.

Transactions by insiders

Recent insider trading involved Green Christopher M., Vice President of Accounting, that happened on Aug 16 ’24 when 33000.0 shares were sold.

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