U.S. Silica Holdings (SLCA) : On Friday, The money flowed into the U.S. Silica Holdings (SLCA) stock with an uptick to downtick ratio was recorded at 1.44. Transactions worth $4.99 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $3.46 million. The total money flow into the stock was $1.53 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $1.57 million of block transactions on upticks. The total money flow in block trades was $1.57 million. In terms of price action, U.S. Silica Holdings (SLCA) traded down $0.05 during the session at $36.07. Compared to the previous days closing, the stock was down only by -0.14%. For the week, the stock is 5.75%, over previous weeks closing.
U.S. Silica Holdings (SLCA) stock is expected to deviate a maximum of $9.38 from the average target price of $37.83 for the short term period. 12 Street Experts have initiated coverage on the stock with the most promising target being $50 and the most muted being $19.
U.S. Silica Holdings (NYSE:SLCA): stock turned positive on Friday. Though the stock opened at $36.4, the bulls momentum made the stock top out at $36.66 level for the day. The stock recorded a low of $35.8 and closed the trading day at $36.5, in the green by 1.05%. The total traded volume for the day was 1,296,831. The stock had closed at $36.12 in the previous days trading.
In a related news, The Securities and Exchange Commission has divulged that Avramovich Daniel W, director of U.S. Silica Holdings, Inc., had unloaded 10,000 shares at an average price of $19.49 in a transaction dated on November 18, 2015. The total value of the transaction was worth $194,900.
U.S. Silica Holdings, Inc. (U.S. Silica) is a domestic producer of commercial silica, a specialized mineral that is a critical input into a variety 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. The Company operates approximately 17 production facilities across the United States and controlled 363 million tons of reserves, including approximately 179 million tons of reserves that can be processed to meet the American Petroleum Institute (API) frac sand size specifications. The Company produces a range of frac sand sizes and delivers API grade frac sand to the United States shale basins.