SND Stock Summary and Trading Ideas (Smart Sand | NASDAQ:SND)

Smart Sand Inc is a fully integrated frac sand supply and services company that offers complete mine-to-well site proppant supply and logistics solutions. It produces Northern White frac sand, which is a premium proppant used to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells. Its product portfolio includes Smart System, which includes SmartBelt, SmartDepot Silo and SmartPath Loader. The company caters its products and services to oil and natural gas exploration and production companies and oilfield service companies. The majority of its revenue comes from Sand Sales, followed by logistics.

Smart Sand trades on the NASDAQ stock market under the symbol SND.

As of April 25, 2024, SND stock price climbed to $2.10 with 35,838 million shares trading.

SND has a beta of 0.52, meaning it tends to be less sensitive to market movements. SND has a correlation of 0.03 to the broad based SPY ETF.

SND has a market cap of $90.32 million. This is considered a Micro Cap stock.

Last quarter Smart Sand reported $62 million in Revenue and -$.12 earnings per share. This beat revenue expectation by $4 million and missed earnings estimates by -$.06.

In the last 3 years, SND stock traded as high as $4.95 and as low as $1.37.

The top ETF exchange traded funds that SND belongs to (by Net Assets): VTI, VXF, BSVO, ONEQ, IWC.

SND stock has underperformed the market in the last year with a return of +22.4%, while SPY returned +22.5%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SND shares. However, SND has outperformed the market in the last 3 month and 2 week periods, returning +11.7% and -0.9%, while SPY returned +3.1% and -3.0%, respectively. This indicates SND has been having a stronger performance recently.

SND support price is $2.02 and resistance is $2.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SND stock will trade within this expected range on the day.