U.S. Silica Holdings Inc. Looks to Continue to Trade Above its Annual-High Share Price Today

March 23, 2022 10:08:06

Shares of U.S. Silica Holdings Inc. (NYSE:SLCA) traded at a new 52-week high today of $18.00. This new high was reached on below average trading volume as 465,000 shares traded hands, while the average 30-day volume is approximately 2.1 million shares.

In the past 52 weeks, U.S. Silica Holdings Inc. share prices are bracketed by a low of $7.22 and a high of $18.00 and is now at $17.41, 141% above that low price.

U.S. Silica Holdings Inc. (NYSE:SLCA) defies analysts with a current price ($17.41) 4.1% above its average consensus price target of $16.70.

US Silica Holdings Inc is one of the leading suppliers of sand used in hydraulic fracturing of oil and gas wells. The company delivers sand in most major basins via its extensive logistics network and has an emerging last-mile logistics capability to deliver sand direct to the well site. Its operating segment includes Oil and Gas Proppants and Industrial and Specialty Products. The company generates maximum revenue from the Oil and Gas Proppants segment.

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