U.S. Silica Holdings (SLCA) has risen sharply, recording gains of 14.33% in the past 4 weeks. However, the stock has corrected -6.14% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 14.57% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.91% and the fifty day Moving Average is 9.18%. U.S. Silica Holdings, Inc. is up 36.2% in the last three month period. Year-to-Date the stock performance stands at 111.48%.
U.S. Silica Holdings (SLCA) has been rated by 11 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $50 and the lowest price target forecast is $19. The average forecast of all the analysts is $40.36 and the expected standard deviation is $10.44.
U.S. Silica Holdings (NYSE:SLCA): stock turned positive on Friday. Though the stock opened at $39.33, the bulls momentum made the stock top out at $40.38 level for the day. The stock recorded a low of $38.87 and closed the trading day at $39.41, in the green by 0.48%. The total traded volume for the day was 1,746,245. The stock had closed at $39.22 in the previous days trading.
U.S. Silica Holdings, Inc. (U.S. Silica) is a domestic producer of commercial silica, a specialized mineral that is a critical input into a variety of end markets. The Company operates in two segments: Oil & Gas Proppants and Industrial & Specialty Products. In the Oil & Gas Proppants segment, the Company serves the oil and gas recovery market providing fracturing sand, or frac sand. The Industrial & Specialty Products segment consists of over 250 products and materials. The Company operates approximately 17 production facilities across the United States and controlled 363 million tons of reserves, including approximately 179 million tons of reserves that can be processed to meet the American Petroleum Institute (API) frac sand size specifications. The Company produces a range of frac sand sizes and delivers API grade frac sand to the United States shale basins.