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%.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Texas Permanent School Fund boosted its holdings in shares of REX American Resources by 3.8% in the first quarter. Texas Permanent School Fund now owns 3,866 shares of the energy company’s stock valued at $312,000 after acquiring an additional 140 shares during the period. Comerica Bank increased its position in REX American Resources by 3.0% in the 1st quarter. Comerica Bank now owns 5,686 shares of the energy company’s stock valued at $473,000 after acquiring an additional 164 shares during the period. Swiss National Bank raised its stake in REX American Resources by 1.9% during the 2nd quarter. Swiss National Bank now owns 10,600 shares of the energy company’s stock valued at $773,000 after acquiring an additional 200 shares during the last quarter. First Trust Advisors LP raised its stake in REX American Resources by 2.0% during the 1st quarter. First Trust Advisors LP now owns 10,472 shares of the energy company’s stock valued at $844,000 after acquiring an additional 206 shares during the last quarter. Finally, Quantamental Technologies LLC acquired a new stake in REX American Resources during the 1st quarter worth approximately $30,000. 87.69% of the stock is currently owned by institutional investors.

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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