Analysts at Deutsche Bank AG assumed coverage on shares of Smart Sand Inc (NYSE:SND) in a report issued on Wednesday, The Fly reports. The brokerage set a “buy” rating on the stock.

A number of other research analysts have also recently issued reports on SND. Goldman Sachs Group Inc. initiated coverage on shares of Smart Sand in a report on Tuesday. They set a “buy” rating for the company. Credit Suisse Group AG initiated coverage on shares of Smart Sand in a report on Tuesday. They set an “outperform” rating and a $14.00 price objective for the company. Finally, Piper Jaffray Cos. initiated coverage on shares of Smart Sand in a report on Tuesday. They set an “overweight” rating and a $13.25 price objective for the company.

Smart Sand (NYSE:SND) opened at 12.18 on Wednesday. The stock’s 50 day moving average is $11.43 and its 200-day moving average is $11.43. Smart Sand has a 12-month low of $10.30 and a 12-month high of $12.89. The company has a market cap of $270.02 million and a P/E ratio of 141.63.

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In other news, Director Jose Enrique Feliciano sold 564,696 shares of the company’s stock in a transaction that occurred on Tuesday, November 29th. The shares were sold at an average price of $10.34, for a total value of $5,838,956.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

5 Day Chart for NYSE:SND

The Fly

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