U.S. Silica (NYSE:SLCA) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of U.S. Silica (NYSE:SLCA) in a research report sent to investors on Friday. The firm issued a hold rating on the mining company’s stock.

Separately, Citigroup upped their target price on U.S. Silica from $13.50 to $15.50 and gave the company a neutral rating in a report on Wednesday, May 1st.

U.S. Silica Trading Down 0.1 %

NYSE:SLCA opened at $15.49 on Friday. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 10.54 and a beta of 1.99. U.S. Silica has a 1 year low of $10.09 and a 1 year high of $16.03. The stock has a fifty day moving average price of $15.45 and a two-hundred day moving average price of $13.61. The company has a debt-to-equity ratio of 0.92, a quick ratio of 2.74 and a current ratio of 3.62.

Institutional Investors Weigh In On U.S. Silica

Hedge funds and other institutional investors have recently modified their holdings of the company. GAMMA Investing LLC acquired a new stake in U.S. Silica during the fourth quarter worth approximately $41,000. Innealta Capital LLC acquired a new stake in shares of U.S. Silica during the second quarter worth $68,000. Callahan Advisors LLC purchased a new stake in shares of U.S. Silica in the fourth quarter valued at $124,000. SG Americas Securities LLC acquired a new position in U.S. Silica in the second quarter valued at $147,000. Finally, Cutter & CO Brokerage Inc. purchased a new position in U.S. Silica during the first quarter worth about $148,000. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

U.S. Silica Company Profile

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.