U.S. Silica Holdings (SLCA) in Focus: Stock Tumbles 7% - Tale of the Tape
05 February 2014 - 12:50AM
Zacks
U.S. Silica Holdings,
Inc. (SLCA) saw a big move last session, as the company’s
shares fell almost 7% on the day.
The move came on pretty good volume too with far more shares
changing hands than in a normal session. This breaks the recent
trend of the company, as the stock is now trading below the
volatile price range of $29.49 to $33.17 in the past one-month time
frame.
This slump shouldn’t be too much of a surprise to investors, as
this silica mining and processing company has seen 2 negative
revisions in the past few weeks and its current year earnings
consensus has moved lower over the last 30 days. This suggests
there may be more trouble down the road. So make sure to keep an
eye on this stock going forward to see if this recent slump will
continue, as the earnings picture definitely suggests that this
might be the case.
SLCA currently has a Zacks Rank #4 (Sell) while its Earnings ESP is
negative.
Some better-ranked stocks in the same sector include
Stillwater Mining Co. (SWC), Denison Mines
Corp. (DNN) and Hi-Crush Partners LP
(HCLP). Stillwater Mining carry a Zacks Rank #1 (Strong Buy) while
both Denison Mines and Hi-Crush Partners hold a Zacks Rank #2
(Buy).
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US SILICA HOLDI (SLCA): Free Stock Analysis Report
STILLWATER MNG (SWC): Free Stock Analysis Report
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