Research analysts at Piper Jaffray Cos. began coverage on shares of Smart Sand Inc (NYSE:SND) in a note issued to investors on Tuesday, The Fly reports. The firm set an “overweight” rating on the stock.
Separately, Goldman Sachs Group Inc. started coverage on Smart Sand in a report on Tuesday. They set a “buy” rating for the company.
Smart Sand (NYSE:SND) opened at 12.39 on Tuesday. Smart Sand has a 12 month low of $10.30 and a 12 month high of $12.89. The company’s 50-day moving average is $11.43 and its 200 day moving average is $11.43. The firm has a market cap of $274.67 million and a P/E ratio of 144.07.