REX American Resources (NYSE:REX) Shares Cross Above 200 Day Moving Average of $0.00

REX American Resources Corp (NYSE:REX) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $75.99. REX American Resources shares last traded at $75.00, with a volume of 413 shares changing hands.

Separately, TheStreet lowered REX American Resources from a “b-” rating to a “c+” rating in a report on Thursday, June 13th.

The business’s fifty day moving average is $73.26. The firm has a market capitalization of $468.07 million, a P/E ratio of 19.08 and a beta of 1.00. The company has a debt-to-equity ratio of 0.03, a quick ratio of 11.49 and a current ratio of 12.48.

REX American Resources (NYSE:REX) last announced its quarterly earnings data on Thursday, May 30th. The energy company reported $0.45 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.53 by ($1.08). REX American Resources had a net margin of 5.31% and a return on equity of 5.61%. The business had revenue of $104.58 million during the quarter.

Hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC lifted its position in shares of REX American Resources by 4.8% during the 4th quarter. Geode Capital Management LLC now owns 58,895 shares of the energy company’s stock valued at $4,011,000 after acquiring an additional 2,714 shares during the period. Bank of New York Mellon Corp lifted its position in shares of REX American Resources by 0.6% during the 4th quarter. Bank of New York Mellon Corp now owns 81,411 shares of the energy company’s stock valued at $5,545,000 after acquiring an additional 497 shares during the period. DNB Asset Management AS lifted its position in shares of REX American Resources by 38.1% during the 1st quarter. DNB Asset Management AS now owns 102,586 shares of the energy company’s stock valued at $8,270,000 after acquiring an additional 28,301 shares during the period. Bank of America Corp DE lifted its position in shares of REX American Resources by 25.3% during the 4th quarter. Bank of America Corp DE now owns 23,570 shares of the energy company’s stock valued at $1,605,000 after acquiring an additional 4,754 shares during the period. Finally, Texas Permanent School Fund lifted its position in shares of REX American Resources by 3.8% during the 1st 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. Institutional investors own 87.36% of the company’s stock.

REX American Resources Company Profile (NYSE:REX)

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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