Fairmount Santrol Holdings (FMSA) : During the past 4 weeks, traders have been relatively bearish on Fairmount Santrol Holdings (FMSA), hence the stock is down -8.86% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -17.43% relative to the S&P 500. The 4-week change in the price of the stock is -4.87% and the stock has fallen -16.2% in the past 1 week. The stock has recorded a 20-day Moving Average of 11.83% and the 50-Day Moving Average is 8.96%.
Fairmount Santrol Holdings (NYSE:FMSA): The stock opened at $7.50 on Friday but the bulls could not build on the opening and the stock topped out at $7.50 for the day. The stock traded down to $6.32 during the day, due to lack of any buying support eventually closed down at $6.83 with a loss of -15.89% for the day. The stock had closed at $8.12 on the previous day. The total traded volume was 9,511,786 shares.
The company Insiders own 16.2% of Fairmount Santrol Holdings shares according to the proxy statements. Institutional Investors own 12.22% of Fairmount Santrol Holdings shares. In a related news, Kelly William Patrick, director of Fairmount Santrol Holdings Inc., unloaded 4,500 shares at an average price of $2.4 on December 10, 2015. The total amount of the transaction was worth $10,800, according to the disclosed information 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).