Fairmount Santrol Holdings (FMSA) has been under a strong bear grip, hence the stock is down -17.16% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.51% in the past 1 week. The stock has risen by 0.44% in the past week indicating that the buyers are active at lower levels, but the stock is down -14.38% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 5.52% and the 50-Day Moving Average is 0.25%. Fairmount Santrol Holdings Inc. is up 71.25% in the last 3-month period. Year-to-Date the stock performance stands at 191.49%.
Fairmount Santrol Holdings (NYSE:FMSA): stock turned positive on Friday. Though the stock opened at $6.61, the bulls momentum made the stock top out at $7 level for the day. The stock recorded a low of $6.47 and closed the trading day at $6.85, in the green by 4.90%. The total traded volume for the day was 2,997,176. The stock had closed at $6.53 in the previous days trading.
Also, Equity Analysts at the Brokerage Firm, Cowen & Company, upgrades their rating on the shares of Fairmount Santrol Holdings (NYSE:FMSA). Cowen & Company has a Outperform rating on the shares. Previously, the analysts had a Market Perform rating on the shares. The rating by the firm was issued on July 26, 2016.
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).