(SND) Smart Sand - Ratings and Ratios

Smart Sand Inc (NASDAQ:SND) is a provider of comprehensive mine-to-wellsite proppant supply and logistics solutions, catering to the hydraulic fracturing needs of the oil and gas industry. The companys operational framework is divided into two primary segments: Sand and SmartSystems. Through these segments, Smart Sand delivers a range of services including excavation, processing, and distribution of high-quality proppant, as well as innovative logistics and wellsite storage solutions.

The companys product and service offerings are designed to support oil and natural gas exploration and production companies, oilfield service providers, and industrial manufacturers. With its headquarters in Yardley, Pennsylvania, Smart Sand was incorporated in 2011 and has since established itself as a key player in the oil and gas equipment and services sector, as classified under the GICS Sub Industry.

Analyzing the current market dynamics and the companys financial health, we observe that Smart Sands stock is currently trading at $1.90. The short to medium-term trend indicators, such as the SMA20 and SMA50, suggest a bearish trend, with values at $2.05 and $2.18, respectively. The Average True Range (ATR) of 0.16, representing an 8.36% volatility, indicates a relatively stable stock with moderate price movements. Considering the 52-week high and low of $2.69 and $1.69, the stock is currently positioned near the lower end of its recent trading range.

From a fundamental analysis perspective, Smart Sands market capitalization stands at $83.10M USD, with a P/E ratio of 23.56, suggesting that the stock may be relatively expensive compared to its earnings. The Return on Equity (RoE) is 1.23, indicating a modest return for shareholders. Given the absence of a forward P/E ratio, its challenging to gauge market expectations for future earnings growth.

Forecasting the stocks performance based on the available technical and fundamental data, we can infer that Smart Sand Inc may face challenges in the short term due to its bearish trend indicators and relatively high P/E ratio. However, the companys diversified services and its role in the oil and gas industry could provide a foundation for potential growth, especially if the demand for proppant and related logistics services increases. A potential trading strategy could involve monitoring the stocks price action around its SMA20 and SMA50 levels, with a breakout above these resistance levels potentially signaling a buying opportunity. Conversely, a drop below the 52-week low could indicate further downside risk.