U.S. Silica Holdings Inc’s recent filing unveils that its EVP & President, Oil and Gas USSERY JAMES DEREK unloaded Company’s shares for reported $0.65 million on Apr 03 ’24. In the deal valued at $14.00 per share,46,433 shares were sold. As a result of this transaction, USSERY JAMES DEREK now holds 174,772 shares worth roughly $2.24 million.
Then, Russell Stacy sold 20,000 shares, generating $240,000 in total proceeds. Upon selling the shares at $12.00, the EVP General Counsel now owns 186,752 shares.
Before that, Shinn Bryan Adair sold 41,501 shares. U.S. Silica Holdings Inc shares valued at $583,338 were divested by the CEO at a price of $14.06 per share. As a result of the transaction, Shinn Bryan Adair now holds 1,419,183 shares, worth roughly $18.19 million.
Barclays upgraded its U.S. Silica Holdings Inc [SLCA] rating to an Equal weight from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in mid July from “an Underweight” to “an Equal-weight”. Evercore ISI also remained covering SLCA and has increased its forecast on June 14, 2022 with a “an Outperform” recommendation from previously “an In-line” rating. Evercore ISI revised its rating on May 02, 2022. It rated SLCA as “an In-line” which previously was an “an Outperform”.
Price Performance Review of SLCA
On Friday, U.S. Silica Holdings Inc [NYSE:SLCA] saw its stock jump 1.10% to $12.82. Over the last five days, the stock has lost -0.62%. U.S. Silica Holdings Inc shares have risen nearly 13.35% since the year began. Nevertheless, the stocks have risen 0.63% over the past one year. While a 52-week high of $14.64 was reached on 04/03/24, a 52-week low of $10.09 was recorded on 02/06/24. SMA at 50 days reached $12.01, while 200 days put it at $12.12. A total of 0.9 million shares were traded, compared to the trading of 0.71 million shares in the previous session.
Levels Of Support And Resistance For SLCA Stock
The 24-hour chart illustrates a support level at 12.56, which if violated will result in even more drops to 12.30. On the upside, there is a resistance level at 12.98. A further resistance level may holdings at 13.13. The Relative Strength Index (RSI) on the 14-day chart is 53.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.92%. Stochastics %K at 21.43% indicates the stock is a holding.
