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Rex American Resources Corp. (NYSE:REX) Director Lawrence Tomchin unloaded 4,085 shares of the company’s stock on the open market in a transaction dated Friday, January 17th. The shares were sold at an average price of $41.30, for a total value of $168,710.50. Following the sale, the director now directly owns 206,213 shares in the company, valued at approximately $8,516,597. The sale was disclosed in a document filed with the SEC, which is available at this link.

Separately, analysts at Sidoti downgraded shares of Rex American Resources Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Thursday, December 19th.

Rex American Resources Corp. (NYSE:REX) traded up 0.61% during mid-day trading on Tuesday, hitting $43.01. 50,904 shares of the company’s stock traded hands. Rex American Resources Corp. has a 52 week low of $17.12 and a 52 week high of $49.93. The stock’s 50-day moving average is $41.93 and its 200-day moving average is $34.47. The company has a market cap of $347.4 million and a price-to-earnings ratio of 23.62.

Rex American Resources Corp. (NYSE:REX) last posted its quarterly earnings results on Tuesday, December 3rd. The company reported $1.21 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.73 by $0.48. The company had revenue of $166.50 million for the quarter, compared to the consensus estimate of $189.87 million. During the same quarter last year, the company posted $0.05 earnings per share. On average, analysts predict that Rex American Resources Corp. will post $3.40 earnings per share for the current fiscal year.

Rex American Resources Corporation (NYSE:REX) is a holding company to succeed to the entire ownership of three affiliated corporations, Rex Radio and Television, Inc, Stereo Town, Inc and Kelly & Cohen Appliances, Inc As of January 31, 2012, the Company had lease agreements, as landlord, for six owned former retail stores and had 16 vacant former retail properties.

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