The company was incorporated in 2011 and is headquartered in The Woodlands, Texas. Comparatively, Smart Sand’s peers have a beta of 0.66, meaning that their average share price is 34% less volatile than the S&P 500. Smart Sand has a beta of 3.47, meaning that its share price is 247% more volatile than the S&P 500. This table compares Smart Sand and its peers’ net margins, return on equity and return on assets. Smart Sand’s quarterly revenue was up 45.8% compared to the same quarter last year. Comparatively, 59.0% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are owned by institutional investors. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth. Smart Sand, Inc. engages in the excavation, processing, and sale of industrial sands for use in hydraulic fracturing operations in the oil and gas industry in the United States. The company sells its products primarily to oil and natural gas exploration and production companies, and oilfield service companies. Get a free copy of the Zacks research report on Smart Sand (SND)

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Ukraine detains a Russian ship in Odessa suspected of illegally extracting sand.