U.S. Silica Holdings Inc. (SLCA) had a good day on the market for Tuesday March 12 as shares jumped 6.24% to close at $15.15. About 1.62 million shares traded hands on 10,896 trades for the day, compared with an average daily volume of 2.29 million shares out of a total float of 73.15 million. After opening the trading day at $14.31, shares of U.S. Silica Holdings Inc. stayed within a range of $15.21 to $14.20.
With today’s gains, U.S. Silica Holdings Inc. now has a market cap of $1.11 billion. Shares of U.S. Silica Holdings Inc. have been trading within a range of $34.34 and $9.30 over the last year, and it had a 50-day SMA of $13.54 and a 200-day SMA of $19.20.
US Silica Holdings Inc is one of the leading suppliers of sand used in hydraulic fracturing of oil and gas wells. The company delivers sand in most major basins via its extensive logistics network and has an emerging last-mile logistics capability to deliver sand direct to the well site. Additionally, the company supplies relatively smaller amounts of sand used for various industrial applications, such as glass-making.
U.S. Silica Holdings Inc. is based out of Katy, TX and has some 2,812 employees. Its CEO is Bryan Adair Shinn.