Long

HCR - Could it reclaim $5?

By DEXWireNews
Hi-Crush Inc., formerly Hi-Crush Partners LP, is an integrated producer, transporter, marketer and distributor of monocrystalline sand, a specialized mineral that is used as a proppant to manage the recovery rates of hydrocarbons from oil and natural gas wells. Its reserves consist of northern white sand, a resource in Wisconsin and limited portions of the upper Midwest region of the United States. It owns and operates a portfolio of sand facilities with on-site wet and dry plant assets, including direct access to the United States railroads for distribution to in-basin terminals. It owns and operates a network of strategically located terminals and an integrated distribution system throughout North America, including its PropStream integrated logistics solution, which delivers proppant into the blender at the well site.

SHORT INTEREST 8.56M 06/28/19

P/E Ratio (with extraordinary items)
2.54

Recommendations: HOLD

Price Target $3.10
FibonacciHCRhi-crushTechnical IndicatorsSupport and Resistance
DEXWireNews
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