Smart Sand (NASDAQ:SND) Releases Earnings Results, Hits Expectations

Smart Sand (NASDAQ:SND) posted its quarterly earnings results on Monday. The company reported $0.09 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.09, Zacks reports. Smart Sand had a negative net margin of 1.96% and a negative return on equity of 1.74%.

Smart Sand Stock Down 1.9 %

NASDAQ SND opened at $2.07 on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.98 and a current ratio of 1.71. The firm has a 50-day simple moving average of $2.32 and a 200 day simple moving average of $2.23. Smart Sand has a twelve month low of $1.73 and a twelve month high of $2.80. The stock has a market cap of $88.84 million, a PE ratio of -14.78 and a beta of 1.03.

About Smart Sand

Smart Sand, Inc, an integrated frac and industrial sand supply and services company, engages in the excavation, processing, and sale of sands or proppant for use in hydraulic fracturing operations in the oil and gas industry in the United States. It also provides proppant logistics services; and wellsite storage solutions through SmartSystems products and services.