Carbo Ceramics Inc. (CRR) Plunges 7.61% on March 27

Carbo Ceramics Inc. (CRR) Plunges 7.61% on March 27

Carbo Ceramics Inc. (CRR) had a rough trading day for Wednesday March 27 as shares tumbled 7.61%, or a loss of $-0.28 per share, to close at $3.40. After opening the day at $3.30, shares of Carbo Ceramics Inc. traded as high as $3.47 and as low as $3.29. Volume was 1.49 million shares over 9,335 trades, against an average daily volume of n/a shares and a total float of 28.09 million.

As a result of the decline, Carbo Ceramics Inc. now has a market cap of $95.51 million. In the last year, shares of Carbo Ceramics Inc. have traded between a range of $11.86 and $2.84

Carbo Ceramics Inc is engaged in the supply of ceramic proppant. The company provides products and services to the oil and gas, and industrial markets worldwide. It operates through the following segments: The Oilfield Technologies and Services segment manufactures and sells ceramic technology products and services, base ceramic proppant and frac sand for both the oilfield and industrial sectors; and Environmental Products and Services segment uses proprietary technology to provide products that are designed to enable its clients to extend the life of their storage assets, reduce the potential for hydrocarbon spill. The firm generates majority revenue from the Oilfield Technologies and Services segment. Geographically, the company operates in the US and other countries.

Carbo Ceramics Inc. is based out of Houston, TX and has some 407 employees. Its CEO is Gary A. Kolstad.

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