Carbo Ceramics (CRR) : During the past 4 weeks, traders have been relatively bearish on Carbo Ceramics (CRR), hence the stock is down -7.39% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -9.17% relative to the S&P 500. The 4-week change in the price of the stock is -7.59% and the stock has fallen -9.76% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 7.5% and the fifty day Moving Average is 3.77%. CARBO Ceramics Inc. is up 6.8% in the last three month period. Year-to-Date the stock performance stands at -24.24%.
Carbo Ceramics (CRR) : The consensus price target for Carbo Ceramics (CRR) is $14.17 for the short term with a standard deviation of $1.17. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $16, however, the pessimist price target for the company is $13.
Carbo Ceramics (NYSE:CRR): On Fridays trading session , Opening price of the stock was $13.22 with an intraday high of $13.64. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $13. However, the stock managed to close at $13.03, a loss of 0.91% for the day. On the previous day, the stock had closed at $13.15. The total traded volume of the day was 385,910 shares.
Carbo Ceramics Inc. is an oilfield services technology company , which supplies ceramic proppant and, sells sand and resin-coated sand. The Company also sells sand independent of its resin-coating operations. It also provides fracture simulation software, and, fracture design and consulting services, and a range of technologies for spill prevention, containment and countermeasures. The Companys products and services are primarily used in the hydraulic fracturing of natural gas and oil wells. There are three primary types of proppant that can be utilized in the hydraulic fracturing process: sand, resin-coated sand and ceramic. The Company manufactures six ceramic proppants: KRYPTOSPHERETM HD, CARBOHSP, CARBOPROP, CARBOLITE, CARBOECONOPROP and CARBOHYDROPROP. The Company produces resin-coated ceramic (CARBOBOND LITE) and resin-coated sand (CARBOBOND RCS) proppants; CARBO NORTHERN WHITE, a frac sand; and CARBONRT proppant. The Company also sells SCALEGUARD, a porous ceramic proppant.