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Piper Jaffray Cos. covered Smart Sand Inc (NYSE:SND), bumping up its stock price target to $13.25 today

In a report issued 11/29/2016 Piper Jaffray Cos. raised the target price of Smart Sand Inc (NYSE:SND) to $13.25 reporting a potential upside of 0.10%.

Having a price of $12.00, Smart Sand Inc (NYSE:SND) traded -3.15% lower on the day. The last close is up 4.96% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the date range. Smart Sand Inc has recorded a 50-day average of $11.43 and a two hundred day moving average of $11.43. 26,526 shares of the stock traded hands, down from an avg. volume of 414,200

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Smart Sand Inc (NYSE:SND)

Smart Sand Inc has 52 week low of $10.30 and a 52 week high of $12.89 with a PE ratio of 139.54 and has a total market value of $0.

More About Smart Sand Inc (NYSE:SND)

Smart Sand, Inc. is a producer of Northern White raw frac sand. The Company sells its products primarily to oil and natural gas exploration and production companies, and oilfield service companies. The Company owns and operates a raw frac sand mine and related processing facility near Oakdale, Wisconsin, at which it has approximately 244 million tons of proven recoverable sand reserves and approximately 92 million tons of probable recoverable sand reserves as of December 31, 2015, respectively. Its Oakdale facility is situated on approximately 1,196 contiguous acres, with on-site processing and rail loading facilities. Its integrated Oakdale facility, with on-site rail infrastructure and wet and dry sand processing facilities, is served by two Class I rail lines. In addition to the Oakdale facility, it owns a second property in Jackson County, Wisconsin, which it calls the Hixton site. Its Hixton site consists of approximately 959 acres in Jackson County, Wisconsin.

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