Smart Sand (NASDAQ:SND) Announces Quarterly Earnings Results

Smart Sand (NASDAQ:SND) issued its quarterly earnings results on Monday. The company reported $0.09 earnings per share for the quarter, meeting the consensus estimate of $0.09, Zacks reports. The company had revenue of $91.36 million during the quarter, compared to analysts’ expectations of $65.90 million. Smart Sand had a negative return on equity of 1.74% and a negative net margin of 1.96%.

Smart Sand Stock Performance

Smart Sand stock traded down $0.01 during mid-day trading on Wednesday, reaching $2.07. 18,326 shares of the company’s stock were exchanged, compared to its average volume of 116,709. The business’s fifty day simple moving average is $2.32 and its 200 day simple moving average is $2.23. The company has a quick ratio of 0.98, a current ratio of 1.71 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $88.63 million, a PE ratio of -14.75 and a beta of 1.03. Smart Sand has a one year low of $1.73 and a one year high of $2.80.

About Smart Sand

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.