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Zacks Investment Research recorded U.S. Silica Holdings Inc (NYSE:SLCA), stepping up its target price to $47.00 today

Only yesterday U.S. Silica Holdings Inc (NYSE:SLCA) traded 0.94% lower at $40.90. SLCA’s 50-day average is $39.06 and its 200-day moving average is $30.30. The last stock close is up 39.35% from the 200-day average, compared with the S&P 500 which has decreased -0.01% over the date range. Trading volume was was down over the average, with 1,640,339 shares of SLCA changing hands under the typical 1,754,080 shares..

U.S. Silica Holdings Inc (NYSE:SLCA) had its target price bumped up to $47 by Zacks Investment Research in an issued report released Saturday August 20 2016. The latest target price implies a possible upside of 0.15% from the company’s most recent closing price.

On 8/10/2016, Barclays released a statement on U.S. Silica Holdings Inc(NYSE:SLCA) bumped the target price from $0.00 to $50.00. At the time, this indicated a possible upside of 0.29%.

See Graph Below:

U.S. Silica Holdings Inc (NYSE:SLCA)

A total of 16 brokerages have issued a research note on the stock. Zero rate the company a strong buy, 0 rate the stock a buy, 0 analysts rate the stock a hold, 0 rate the company to underperform, and lastly 0 brokeragesrate the stock as sell with a 12-month target stock price of $30.06

U.S. Silica Holdings Inc has a 52 week low of $13.48 and a 52 week high of $43.40 and has a market cap of $0.0.

Brief Synopsis On U.S. Silica Holdings Inc (NYSE:SLCA)

U.S. Silica Holdings, Inc. (U.S. Silica) is a domestic producer of commercial silica, a specialized mineral that is an input into a range 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. In its end market, oil and gas proppants, its frac sand is used to stimulate and maintain the flow of hydrocarbons in oil and natural gas wells. Its silica is also used as an irreplaceable raw material in a range of industrial applications, including glassmaking and chemical manufacturing. The Company produces and sells a range of commercial silica products, including whole grain and ground products, and as well as other industrial mineral products.

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