Fairmount Santrol Holdings (NYSE:FMSA) : Traders are bullish on Fairmount Santrol Holdings (NYSE:FMSA) as it has outperformed the S&P 500 by a wide margin of 7.37% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.59%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.88% in the last 1 week, and is up 9.1% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 15.93% from its 1 Year high price. On Jul 7, 2016, the shares registered one year high at $8.40 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $6.89 and the 200 Day Moving Average price is recorded at $3.66.
The stock has recorded a 20-day Moving Average of 8.84% and the 50-Day Moving Average is 39.33%.
Fairmount Santrol Holdings (NYSE:FMSA): stock turned positive on Friday. Though the stock opened at $7.89, the bulls momentum made the stock top out at $8.24 level for the day. The stock recorded a low of $7.72 and closed the trading day at $8.15, in the green by 7.10%. The total traded volume for the day was 1,529,535. The stock had closed at $7.61 in the previous days trading.
In an insider trading activity,The director of Fairmount Santrol Holdings Inc., Kelly William Patrick sold 4,500 shares at $2.4 on December 10, 2015. The Insider selling transaction had a total value worth of $10,800. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Fairmount Santrol Holdings Inc., formerly FMSA Holdings Inc., is a provider of sand-based proppant solutions. The Companys operations are organized into two segments: Proppant Solutions and Industrial and Recreational (I&R) Products. The Proppant Solutions segment provides sand-based proppants for use in hydraulic fracturing operations throughout the United States, Canada, Argentina, Mexico, China, northern Europe and the United Arab Emirates. The I&R segment provides raw, coated and custom blended sands to the foundry, building products, glass, turf and landscape, and filtration industries primarily in North America. It develops proppants used by exploration and production (E&P) companies to enhance the productivity of their oil and gas wells. It offers a range of proppants, including sand and a spectrum of resin-coated products. It offers sand-based products to end users in the foundry, glass, building products, and sports and recreation markets (collectively, the I&R markets).