Fairmount Santrol Holdings Inc. (NYSE:FMSA)’s share price dropped 6.3% during trading on Thursday . The stock traded as low as $4.61 and last traded at $4.64. Approximately 3,976,261 shares changed hands during trading, an increase of 31% from the average daily volume of 3,034,617 shares. The stock had previously closed at $4.95.
FMSA has been the subject of several recent analyst reports. Royal Bank of Canada set a $6.00 target price on Fairmount Santrol and gave the stock a “buy” rating in a research report on Sunday, November 12th. Zacks Investment Research upgraded Fairmount Santrol from a “sell” rating to a “hold” rating in a research report on Tuesday, November 7th. Piper Jaffray Companies restated a “buy” rating and set a $6.15 target price on shares of Fairmount Santrol in a research report on Tuesday, December 26th. Howard Weil cut Fairmount Santrol from a “sector outperform” rating to a “sector perform” rating in a research report on Friday, January 12th. Finally, Wells Fargo & Co cut Fairmount Santrol from an “outperform” rating to a “market perform” rating in a research report on Monday, October 16th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and ten have given a buy rating to the stock. Fairmount Santrol currently has an average rating of “Hold” and an average price target of $5.95.
The company has a debt-to-equity ratio of 2.65, a current ratio of 2.52 and a quick ratio of 2.11. The firm has a market capitalization of $1,039.79, a price-to-earnings ratio of 74.50 and a beta of 2.05.
ILLEGAL ACTIVITY NOTICE: “Fairmount Santrol (FMSA) Stock Price Down 6.3%” was originally published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this news story on another publication, it was stolen and reposted in violation of international trademark and copyright legislation. The correct version of this news story can be read at https://sportsperspectives.com/2018/02/10/fairmount-santrol-fmsa-stock-price-down-6-3.html.
Fairmount Santrol Company Profile
Fairmount Santrol Holdings Inc is a provider of sand-based proppant solutions. The Company operates through two segments: Proppant Solutions, and Industrial & Recreational (I&R) Products. Its Proppant Solutions segment provides sand-based proppants for use in hydraulic fracturing operations throughout the United States and Canada, Argentina, Mexico, China, northern Europe and the United Arab Emirates.
Receive News & Ratings for Fairmount Santrol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fairmount Santrol and related companies with MarketBeat.com's FREE daily email newsletter.