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Fairmount Santrol Holdings Inc (NYSE:FMSA) target price raised to $10.00, reported today by Zacks Investment Research

Fairmount Santrol Holdings Inc (NYSE:FMSA) had its target price raised to $10.00 by Zacks Investment Research in a report released Wednesday October 05, 2016. The new target price indicates a possible upside of 0.12% based on the company's last stock close price.

Previously on 9/12/2016, Citigroup reported about Fairmount Santrol Holdings Inc (NYSE:FMSA) lowered the target price from $10.00 to $9.50. At the time, this indicated a possible upside of 0.29%.

Yesterday Fairmount Santrol Holdings Inc (NYSE:FMSA) traded 5.30% higher at $8.94. The company’s 50-day moving average is $7.67 and its 200-day moving average is $6.02. The last stock close price is up 48.40% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,969,972 shares of the stock were exchanged, down from an average trading volume of 2,615,640

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Fairmount Santrol Holdings Inc (NYSE:FMSA)

Fairmount Santrol Holdings Inc has a 52 week low of $1.00 and a 52 week high of $9.12 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 13 firms have reported on the stock. The consensus target price is $6.98 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Fairmount Santrol Holdings Inc (NYSE:FMSA)

Fairmount Santrol Holdings Inc., formerly FMSA Holdings Inc., provides sand-based proppant solutions. The Company operates through two segments: Proppant Solutions, and Industrial & Recreational (I&R) Products. Its Proppant Solutions segment provides sand-based proppants for use in hydraulic fracturing operations throughout the United States and Canada, Argentina, Mexico, China, northern Europe and the United Arab Emirates. Its I&R segment provides raw, coated and custom blended sands to the foundry, building products, glass, turf and landscape, and filtration industries in North America. It offers a range of proppants, including sand and resin-coated products. It offers proppant products in the American Petroleum Institute (API)-specified proppant categories, including Northern White Frac Sand, API-Spec Brown Frac Sand and Resin-coated Proppant. It offers industrial and recreational products for foundry, glass, building products, sports and recreation, and filtration industries.

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