Shares of REX American Resources Corp. (NYSE:REX) hit a new 52-week high on Thursday . The company traded as high as $73.11 and last traded at $72.15, with a volume of 44,336 shares. The stock had previously closed at $72.19.

The firm has a market capitalization of $473.96 million and a PE ratio of 16.64. The firm has a 50 day moving average price of $64.45 and a 200 day moving average price of $56.94.

REX American Resources Corp. (NYSE:REX) last issued its quarterly earnings results on Thursday, June 2nd. The company reported $0.43 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.01 by $0.58. The company earned $100.20 million during the quarter, compared to analysts’ expectations of $105.02 million. On average, equities analysts predict that REX American Resources Corp. will post $3.81 EPS for the current fiscal year.

In other REX American Resources Corp. news, Director Lawrence Tomchin sold 2,000 shares of the business’s stock in a transaction that occurred 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 transaction, the director now owns 149,938 shares in the company, valued at approximately $8,996,280. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

A hedge fund recently bought a new stake in REX American Resources Corp. stock. Matarin Capital Management LLC bought a new stake in REX American Resources Corp. (NYSE:REX) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 76,892 shares of the company’s stock, valued at approximately $4,158,000. Matarin Capital Management LLC owned 1.12% of REX American Resources Corp. at the end of the most recent 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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