U.S. Silica (NYSE:SLCA) Sets New 1-Year High at $15.71

U.S. Silica Holdings, Inc. (NYSE:SLCA) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $15.71 and last traded at $15.67, with a volume of 4881248 shares changing hands. The stock had previously closed at $13.06.

U.S. Silica Stock Up 19.4 %

The business has a 50 day simple moving average of $12.20 and a 200 day simple moving average of $11.65. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 8.36 and a beta of 2.23. The company has a debt-to-equity ratio of 0.96, a current ratio of 3.23 and a quick ratio of 2.43.

U.S. Silica (NYSE:SLCA) last posted its quarterly earnings data on Tuesday, February 27th. The mining company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.25 by $0.03. The business had revenue of $336.00 million during the quarter, compared to analyst estimates of $343.72 million. U.S. Silica had a net margin of 9.47% and a return on equity of 18.56%. The business’s revenue for the quarter was down 18.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.43 earnings per share. As a group, equities analysts predict that U.S. Silica Holdings, Inc. will post 1.17 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Stacy Russell sold 20,000 shares of U.S. Silica stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $12.00, for a total value of $240,000.00. Following the completion of the transaction, the executive vice president now owns 186,752 shares in the company, valued at approximately $2,241,024. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, EVP Stacy Russell sold 20,000 shares of U.S. Silica stock in a transaction on Monday, March 11th. The shares were sold at an average price of $12.00, for a total transaction of $240,000.00. Following the completion of the sale, the executive vice president now directly owns 186,752 shares of the company’s stock, valued at approximately $2,241,024. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP James Derek Ussery sold 46,433 shares of the firm’s stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $14.00, for a total value of $650,062.00. Following the completion of the sale, the executive vice president now owns 174,772 shares in the company, valued at $2,446,808. The disclosure for this sale can be found here. Insiders own 3.70% of the company’s stock.

Institutional Trading of U.S. Silica

Large investors have recently made changes to their positions in the company. SG Americas Securities LLC acquired a new position in shares of U.S. Silica in the 3rd quarter valued at $599,000. Exchange Traded Concepts LLC acquired a new position in U.S. Silica in the third quarter valued at $816,000. Cambridge Investment Research Advisors Inc. raised its holdings in shares of U.S. Silica by 13.4% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 37,739 shares of the mining company’s stock valued at $530,000 after buying an additional 4,450 shares during the last quarter. Bailard Inc. boosted its stake in shares of U.S. Silica by 5.2% during the third quarter. Bailard Inc. now owns 32,404 shares of the mining company’s stock worth $455,000 after buying an additional 1,600 shares during the period. Finally, New York State Teachers Retirement System grew its holdings in shares of U.S. Silica by 13.4% during the third quarter. New York State Teachers Retirement System now owns 110,971 shares of the mining company’s stock worth $1,558,000 after buying an additional 13,127 shares during the last quarter. 87.77% of the stock is owned by institutional investors and hedge funds.

U.S. Silica Company Profile

U.S. Silica Holdings, Inc produces and sells commercial silica in the United States. It operates through two segments: Oil & Gas Proppants and Industrial & Specialty Products. The company offers whole grain commercial silica products to be used as frac for oil and natural gas recovery, as well as sells its whole grain silica products for the manufacturing of glass products.