Media stories about REX American Resources Corporation (NYSE:REX) have been trending somewhat positive on Thursday, Accern reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. REX American Resources Corporation earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned news headlines about the energy company an impact score of 44.0169981345833 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Separately, BidaskClub downgraded shares of REX American Resources Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 24th.
REX American Resources Corporation (NYSE:REX) traded up 0.07% during midday trading on Thursday, hitting $91.85. 12,459 shares of the stock traded hands. The company has a 50-day moving average price of $91.40 and a 200-day moving average price of $94.31. The firm has a market cap of $603.09 million, a P/E ratio of 21.01 and a beta of 1.66. REX American Resources Corporation has a 1-year low of $76.10 and a 1-year high of $107.87.
REX American Resources Corporation (NYSE:REX) last posted its earnings results on Wednesday, August 30th. The energy company reported $0.45 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.67). The business had revenue of $108.74 million during the quarter. REX American Resources Corporation had a net margin of 6.26% and a return on equity of 7.41%. Analysts predict that REX American Resources Corporation will post $4.53 EPS for the current year.
In other news, Director Lawrence Tomchin sold 1,000 shares of the business’s stock in a transaction on Tuesday, October 3rd. The shares were sold at an average price of $96.00, for a total value of $96,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Douglas Bruggeman sold 1,218 shares of the business’s stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $95.47, for a total transaction of $116,282.46. The disclosure for this sale can be found here. 14.70% of the stock is currently owned by insiders.
About REX American Resources Corporation
Rex American Resources Corporation is a holding company. As of January 31, 2017, the Company had invested in three ethanol production entities. It operates through alternative energy segment. As of January 31, 2017, 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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