The stock of Fairmount Santrol Holdings Inc (NYSE:FMSA) is a huge mover today! About 1.96 million shares traded hands. Fairmount Santrol Holdings Inc (NYSE:FMSA) has risen 197.87% since April 13, 2016 and is uptrending. It has outperformed by 193.95% the S&P500.
The move comes after 8 months positive chart setup for the $1.93B company. It was reported on Nov, 15 by Barchart.com. We have $10.98 PT which if reached, will make NYSE:FMSA worth $540.40 million more.
Fairmount Santrol Holdings Inc (NYSE:FMSA) Ratings Coverage
Out of 17 analysts covering Fairmount Santrol (NYSE:FMSA), 10 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 59% are positive. Fairmount Santrol has been the topic of 35 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The company was maintained on Thursday, October 20 by Howard Weil. The firm has “Outperform” rating given on Monday, July 18 by Wells Fargo. As per Monday, December 14, the company rating was upgraded by Howard Weil. The stock has “Buy” rating given by DA Davidson on Monday, December 7. On Wednesday, May 11 the stock rating was upgraded by GMP Securities to “Buy”. On Monday, March 14 the stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight”. RBC Capital Markets upgraded Fairmount Santrol Holdings Inc (NYSE:FMSA) rating on Monday, May 23. RBC Capital Markets has “Outperform” rating and $10 price target. Credit Suisse upgraded the stock to “Outperform” rating in Monday, November 7 report. On Thursday, May 26 the stock rating was upgraded by Morgan Stanley to “Overweight”. The stock of Fairmount Santrol Holdings Inc (NYSE:FMSA) has “Perform” rating given on Friday, November 13 by Oppenheimer.
According to Zacks Investment Research, “Fairmount Santrol Holdings Inc. provides sand and sand-based products used by oil and gas exploration and production companies to enhance the productivity of their wells. Its operating segment consists of Proppant Solutions and Industrial and Recreational Products. Proppant Solutions segment provides sand-based proppants for use in hydraulic fracturing operations. I&R segment provides raw, coated and custom blended sands to the foundry, building products, glass, turf and landscape and filtration industries. Fairmount Santrol Holdings Inc., formerly known as FMSA Holdings Inc., is headquartered in Chesterland, Ohio.”
More notable recent Fairmount Santrol Holdings Inc (NYSE:FMSA) news were published by: Marketwatch.com which released: “Fairmount Santrol stock price target raised to $11 from $7 at Credit Suisse” on October 03, 2014, also Fool.com with their article: “Preliminary Earnings Crush Fairmount Santrol Holdings Inc.’s Stock” published on July 15, 2016, Fool.com published: “Here’s Why Fairmount Santrol Holdings Inc Stock Fell 22% After Earnings” on November 12, 2015. More interesting news about Fairmount Santrol Holdings Inc (NYSE:FMSA) were released by: Fool.com and their article: “These 3 Things Bludgeoned Fairmount Santrol Holdings Inc’s Stock Down 42.4% in …” published on October 05, 2015 as well as Crainscleveland.com‘s news article titled: “Fairmount Santrol names new chief financial officer” with publication date: March 04, 2016.
FMSA Company Profile
Fairmount Santrol Holdings Inc., formerly FMSA Holdings Inc., incorporated on January 25, 1996, is a well-known provider of sand proppant solutions. The Firm offers a range of proppants, including sand and a range of resin-coated products. The Firm operates through two divisions: Proppant Solutions, and Industrial & Recreational (I&R) Products. The Company’s Proppant Solutions segment provides sand proppants for use in hydraulic fracturing activities throughout the United States and Canada, Argentina, Mexico, China, northern Europe and the United Arab Emirates. The Company’s I&R segment provides raw, coated, and custom blended sands to the foundry, building products, glass, turf and landscape, and filtration industries in North America. The Company’s asset base includes approximately 800 million tons of proven and probable mineral reserves. The Firm has approximately 10 sand processing facilities with over 14.8 million tons of annual sand processing capacity. It also has approximately 10 coating facilities with over 2.3 million tons of annual coating capacity. The Company’s coating facilities include activities in Mexico, Denmark and China, through which it serves international gas and oil markets.
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