REX American Resources Corp. (REX) Stock Price Down 1.6%
REX American Resources Corp. (NYSE:REX) fell 1.6% during mid-day trading on Monday . The company traded as low as $80.65 and last traded at $80.89, with a volume of 114,212 shares trading hands. The stock had previously closed at $82.21.
The company has a market capitalization of $529.27 million and a price-to-earnings ratio of 24.45. The stock’s 50 day moving average price is $68.44 and its 200-day moving average price is $58.71.
REX American Resources Corp. (NYSE:REX) last issued its earnings results on Thursday, August 25th. The company reported $1.24 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.11 by $0.13. The business earned $115.70 million during the quarter, compared to analyst estimates of $109.09 million. Equities research analysts expect that REX American Resources Corp. will post $3.81 EPS for the current year.
In related news, Director Lawrence Tomchin sold 2,000 shares of REX American Resources Corp. stock in a transaction on Friday, July 1st. The stock was sold at an average price of $60.00, for a total transaction of $120,000.00. Following the completion of 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.
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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