Smart Sand (NASDAQ:SND) Posts Earnings Results, Hits Estimates

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

Smart Sand Price Performance

Shares of SND traded down $0.00 during trading hours on Wednesday, reaching $2.07. The stock had a trading volume of 41,876 shares, compared to its average volume of 117,114. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.98 and a current ratio of 1.71. Smart Sand has a 12 month low of $1.73 and a 12 month high of $2.80. The stock has a market capitalization of $88.67 million, a PE ratio of -14.78 and a beta of 1.03. The company’s 50-day moving average is $2.32 and its two-hundred day moving average is $2.23.

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.