Short Term Rating on Fairmount Santrol Holdings (FMSA)

Fairmount Santrol Holdings (FMSA) : 3 brokerage houses believe that Fairmount Santrol Holdings (FMSA) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Fairmount Santrol Holdings (FMSA). Zacks Investment Research suggests a Strong Buy with a rank of 1. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 11 Wall Street Analysts endorse the stock as a Buy with a rating of 2.45.

Fairmount Santrol Holdings (FMSA) : The highest short term price target forecast on Fairmount Santrol Holdings (FMSA) is $13 and the lowest target price is $4. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $7.41 with a standard deviation of $3.49.

For the current week, the company shares have a recommendation consensus of Buy.


Fairmount Santrol Holdings (NYSE:FMSA): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $8.21 and $7.95 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $8.73. The buying momentum continued till the end and the stock did not give up its gains. It closed at $8.70, notching a gain of 9.71% for the day. The total traded volume was 2,273,291 . The stock had closed at $7.93 on the previous day.

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).

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