Friday, June 29, 2018 7:24:16 PM
SND...sand...fracking sand...expect a double...could be even mooooore...
The Company's shares are trading 10.22% below their 50-day moving average. Moreover, shares of Smart Sand, which engages in the excavation, processing, and sale of industrial sands for use in hydraulic fracturing operations in the oil and gas industry in the US, have an RSI of 38.57.
On June 04th, 2018, Smart Sand (SND) announced that it has completed the $42.75 million acquisition of Quickthree Solutions, Inc., a manufacturer of portable vertical frac sand storage solutions at the wellsite. The transaction was funded with $30 million of cash paid at closing using cash-on hand and advances under SND's credit facility and up to $12.75 million in potential earn-out payments as system components are built and made available for sale or lease over a three-year period.
Daily
The Company's shares are trading 10.22% below their 50-day moving average. Moreover, shares of Smart Sand, which engages in the excavation, processing, and sale of industrial sands for use in hydraulic fracturing operations in the oil and gas industry in the US, have an RSI of 38.57.
On June 04th, 2018, Smart Sand (SND) announced that it has completed the $42.75 million acquisition of Quickthree Solutions, Inc., a manufacturer of portable vertical frac sand storage solutions at the wellsite. The transaction was funded with $30 million of cash paid at closing using cash-on hand and advances under SND's credit facility and up to $12.75 million in potential earn-out payments as system components are built and made available for sale or lease over a three-year period.
Daily
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