Mervyn L. Alphonso Sells 764 Shares of REX American Resources Corp (NYSE:REX) Stock
REX American Resources Corp (NYSE:REX) Director Mervyn L. Alphonso sold 764 shares of the company’s stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $77.85, for a total value of $59,477.40. Following the completion of the transaction, the director now directly owns 1,005 shares of the company’s stock, valued at $78,239.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of NYSE REX traded up $0.30 during mid-day trading on Wednesday, reaching $78.28. The company had a trading volume of 1,593 shares, compared to its average volume of 49,023. The company has a current ratio of 11.63, a quick ratio of 10.64 and a debt-to-equity ratio of 0.03. The firm has a 50 day simple moving average of $72.68 and a two-hundred day simple moving average of $76.90. The stock has a market cap of $490.49 million, a P/E ratio of 26.88 and a beta of 0.92. REX American Resources Corp has a 52-week low of $61.71 and a 52-week high of $89.80.
REX American Resources (NYSE:REX) last posted its earnings results on Thursday, August 29th. The energy company reported $0.36 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.19 by ($0.83). The firm had revenue of $105.87 million during the quarter. REX American Resources had a net margin of 4.02% and a return on equity of 4.02%.
Separately, TheStreet cut shares of REX American Resources from a “b-” rating to a “c+” rating in a report on Thursday, June 13th.
REX American Resources Company Profile
REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol. It operates through two segments, Ethanol and By-Products, and Refined Coal. The company also offers dried distillers grains, modified distillers grains, non-food grade corn oil, and others. In addition, it provides dry distillers grains with solubles, which is used as a protein in animal feed; and produces, processes, and sells refined coal.
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