U.S. Silica (NYSE:SLCA) Hits New 52-Week High at $15.71

Shares of U.S. Silica Holdings, Inc. (NYSE:SLCA) hit a new 52-week high during trading on Friday . The company traded as high as $15.71 and last traded at $15.67, with a volume of 4881248 shares trading hands. The stock had previously closed at $13.06.

U.S. Silica Stock Performance

The company has a debt-to-equity ratio of 0.96, a current ratio of 3.23 and a quick ratio of 2.43. The company has a market capitalization of $1.24 billion, a P/E ratio of 8.50 and a beta of 2.23. The company has a fifty day moving average price of $12.35 and a two-hundred day moving average price of $11.68.

U.S. Silica (NYSE:SLCA) last released its earnings results on Friday, April 26th. The mining company reported $0.20 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.20. The business had revenue of $325.90 million during the quarter, compared to the consensus estimate of $336.59 million. U.S. Silica had a net margin of 9.47% and a return on equity of 18.56%. The company’s revenue for the quarter was down 26.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.64 EPS. Equities analysts forecast that U.S. Silica Holdings, Inc. will post 1.17 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Stacy Russell sold 20,000 shares of the firm’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $12.00, for a total value of $240,000.00. Following the transaction, the executive vice president now owns 186,752 shares of the company’s stock, valued at approximately $2,241,024. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, EVP James Derek Ussery sold 46,433 shares of the firm’s stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of $14.00, for a total transaction of $650,062.00. Following the completion of the sale, the executive vice president now owns 174,772 shares in the company, valued at $2,446,808. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Stacy Russell sold 20,000 shares of U.S. Silica stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $12.00, for a total transaction of $240,000.00. Following the completion of the sale, the executive vice president now directly owns 186,752 shares in the company, valued at approximately $2,241,024. The disclosure for this sale can be found here. 3.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Diversified Trust Co bought a new stake in shares of U.S. Silica in the first quarter valued at approximately $186,000. GAMMA Investing LLC boosted its position in shares of U.S. Silica by 25.8% during the 1st quarter. GAMMA Investing LLC now owns 4,773 shares of the mining company’s stock valued at $59,000 after acquiring an additional 978 shares during the last quarter. HighPoint Advisor Group LLC purchased a new position in U.S. Silica in the 4th quarter worth approximately $213,000. Quadrature Capital Ltd increased its stake in U.S. Silica by 68.4% in the fourth quarter. Quadrature Capital Ltd now owns 18,665 shares of the mining company’s stock valued at $211,000 after acquiring an additional 7,580 shares during the last quarter. Finally, Wellington Management Group LLP increased its position in shares of U.S. Silica by 6.0% during the 4th quarter. Wellington Management Group LLP now owns 823,696 shares of the mining company’s stock valued at $9,316,000 after purchasing an additional 46,335 shares during the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

About U.S. Silica

U.S. Silica Holdings, Inc produces and sells commercial silica in the United States. It operates through two segments: Oil & Gas Proppants and Industrial & Specialty Products. The company offers whole grain commercial silica products to be used as frac for oil and natural gas recovery, as well as sells its whole grain silica products for the manufacturing of glass products.