The stock price of Smart Sand Inc (NASDAQ: SND) has surged by 0.50 when compared to previous closing price of 1.99, but the company has seen a 2.04% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-10-03 that YARDLEY, Pa., Oct. 3, 2024 /PRNewswire/ — Smart Sand, Inc. (NASDAQ: SND) (“Smart Sand” or the “Company”) announced today that its board of directors has declared a special cash dividend on the Company’s common stock of $0.10 per share, payable on October 28, 2024, to stockholders of record as of the close of business on October 15, 2024.
Is It Worth Investing in Smart Sand Inc (NASDAQ: SND) Right Now?
The price-to-earnings ratio for Smart Sand Inc (NASDAQ: SND) is above average at 59.52x. The 36-month beta value for SND is also noteworthy at 1.08. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
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The public float for SND is 30.60M, and at present, short sellers hold a 0.82% of that float. The average trading volume of SND on October 04, 2024 was 63.03K shares.
SND’s Market Performance
SND stock saw a decrease of 2.04% in the past week, with a monthly decline of -4.76% and a quarterly a decrease of -5.66%. The volatility ratio for the week is 4.58%, and the volatility levels for the last 30 days are 3.51% for Smart Sand Inc (SND). The simple moving average for the last 20 days is -0.81% for SND stock, with a simple moving average of -1.33% for the last 200 days.
Analysts’ Opinion of SND
Many brokerage firms have already submitted their reports for SND stocks, with Evercore ISI repeating the rating for SND by listing it as a “In-line.” The predicted price for SND in the upcoming period, according to Evercore ISI is $4 based on the research report published on June 29, 2021 of the previous year 2021.
B. Riley FBR gave a rating of “Buy” to SND, setting the target price at $5 in the report published on July 17th of the previous year.
SND Trading at -1.34% from the 50-Day Moving Average
After a stumble in the market that brought SND to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.37% of loss for the given period.
Volatility was left at 3.51%, however, over the last 30 days, the volatility rate increased by 4.58%, as shares sank -4.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.85% lower at present.
During the last 5 trading sessions, SND rose by +2.04%, which changed the moving average for the period of 200-days by +4.71% in comparison to the 20-day moving average, which settled at $2.0100. In addition, Smart Sand Inc saw 3.63% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SND starting from Green Christopher M., who sale 33,000 shares at the price of $1.96 back on Aug 16 ’24. After this action, Green Christopher M. now owns 46,352 shares of Smart Sand Inc, valued at $64,680 using the latest closing price.
SPEAKER ANDREW R, the Director of Smart Sand Inc, sale 75,333 shares at $1.97 during a trade that took place back on Dec 01 ’23, which means that SPEAKER ANDREW R is holding 925,506 shares at $148,406 based on the most recent closing price.
Stock Fundamentals for SND
Current profitability levels for the company are sitting at:
- 0.0 for the present operating margin
- 0.12 for the gross margin
The net margin for Smart Sand Inc stands at 0.0. The total capital return value is set at 0.0. Equity return is now at value 0.54, with 0.38 for asset returns.
Based on Smart Sand Inc (SND), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at 1.14. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is 0.89.
Currently, EBITDA for the company is 28.56 million with net debt to EBITDA at 1.11. When we switch over and look at the enterprise to sales, we see a ratio of 0.41. The receivables turnover for the company is 9.67for trailing twelve months and the total asset turnover is 0.87. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.66.
Conclusion
In summary, Smart Sand Inc (SND) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
