The stock of U.S. Silica Holdings Inc (NYSE:SLCA) last traded at $15.24, down -1.04% from the previous session.
SLCA stock price is now 2.47% away from the 50-day moving average and 20.60% away from the 200-day moving average. The market capitalization of the company currently stands at $1.19B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target maintained at $17, Barclays recently Upgraded its rating from Underweight to Equal Weight for U.S. Silica Holdings Inc (NYSE: SLCA). On July 13, 2022, Morgan Stanley Upgraded its previous ‘Underweight’ rating to ‘Equal-Weight’ on the stock keeping its target price maintained at $15, while ‘Evercore ISI’ rates the stock as ‘Outperform’
In other news, Carusona Zach, EVP & President, ISP sold 42,605 shares of the company’s stock on Apr 26 ’24. The stock was sold for $662,508 at an average price of $15.55. Upon completion of the transaction, the EVP & President, ISP now directly owns 160,929 shares in the company, valued at $2.45 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 03 ’24, EVP & President, Oil and Gas USSERY JAMES DEREK sold 46,433 shares of the business’s stock. A total of $650,062 was realized by selling the stock at an average price of $14.00. This leaves the insider owning 174,772 shares of the company worth $2.66 million. A total of 3.34% of the company’s stock is owned by insiders.
During the past 12 months, U.S. Silica Holdings Inc has had a low of $10.09 and a high of $16.03. As of last week, the company has a debt-to-equity ratio of 1.02, a current ratio of 3.62, and a quick ratio of 2.74. According to the stock market information, the enterprise value for the company is $1843544960, which is based on a 10.33 price-to-earnings ratio, a 0.37 price-to-earnings-growth ratio, and a beta of 1.99. The fifty day moving average price for SLCA is $14.9074 and a two-hundred day moving average price translates $12.6467 for the stock.
The latest earnings results from U.S. Silica Holdings Inc (NYSE: SLCA) was released for 2024-03-31. The net profit margin was 8.08% and return on equity was 14.51% for SLCA. The company reported revenue of $325.94 million for the quarter, compared to $442.24 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -26.3 percent.
