REX American Resources Corp. (NYSE:REX) shares saw unusually-high trading volume on Wednesday . Approximately 84,351 shares changed hands during trading, an increase of 8% from the previous session’s volume of 78,363 shares.The stock last traded at $63.99 and had previously closed at $63.32.

Separately, Singular Research dropped their price objective on shares of REX American Resources Corp. from $67.50 to $60.00 and set a “buy” rating on the stock in a report on Monday, April 4th.

The company has a market cap of $417.54 million and a PE ratio of 14.66. The firm’s 50-day moving average is $59.96 and its 200 day moving average is $54.55.

REX American Resources Corp. (NYSE:REX) last released its quarterly earnings results on Thursday, June 2nd. The company reported $0.43 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.01 by $0.58. The company had revenue of $100.20 million for the quarter, compared to the consensus estimate of $105.02 million. Equities research analysts forecast that REX American Resources Corp. will post $3.81 EPS for the current fiscal year.

In related news, Director Lawrence Tomchin sold 2,000 shares of the company’s stock in a transaction on Friday, July 1st. The shares were sold at an average price of $60.00, for a total transaction of $120,000.00. Following the sale, the director now owns 149,938 shares of the company’s stock, valued at $8,996,280. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Several large investors have recently made changes to their positions in REX. SECOR Capital Advisors LP increased its stake in shares of REX American Resources Corp. by 57.9% in the fourth quarter. SECOR Capital Advisors LP now owns 19,436 shares of the company’s stock valued at $1,051,000 after buying an additional 7,125 shares in the last quarter. Shell Asset Management Co. purchased a new stake in shares of REX American Resources Corp. during the fourth quarter valued at $1,986,000. GSA Capital Partners LLP increased its stake in shares of REX American Resources Corp. by 89.1% in the fourth quarter. GSA Capital Partners LLP now owns 47,953 shares of the company’s stock valued at $2,593,000 after buying an additional 22,600 shares in the last quarter. First Trust Advisors LP purchased a new stake in shares of REX American Resources Corp. during the fourth quarter valued at $2,757,000. Finally, Marshall Wace LLP increased its stake in shares of REX American Resources Corp. by 4.2% in the fourth quarter. Marshall Wace LLP now owns 52,978 shares of the company’s stock valued at $2,865,000 after buying an additional 2,121 shares in the last quarter.

Rex American Resources Corporation is a holding company. The Company has invested in approximately three ethanol production entities, two of which the Company has a majority ownership interest in. The Company operates through alternative energy segment. The Company’s ethanol investments include One Earth Energy, LLC (One Earth), NuGen Energy, LLC (NuGen) and Big River Resources, LLC (Big River).

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