Share on StockTwits

Rex American Resources Corp. (NYSE:REX) CEO Stuart A. Rose sold 40,000 shares of the stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $70.10, for a total transaction of $2,804,000.00. Following the completion of the transaction, the chief executive officer now directly owns 1,136,758 shares in the company, valued at approximately $79,686,736. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Rex American Resources Corp. (NYSE:REX) traded up 0.07% on Tuesday, hitting $72.29. 67,801 shares of the company’s stock traded hands. Rex American Resources Corp. has a 1-year low of $26.70 and a 1-year high of $73.33. The stock has a 50-day moving average of $62.93 and a 200-day moving average of $49.35. The company has a market cap of $591.0 million and a price-to-earnings ratio of 11.06.

Rex American Resources Corp. (NYSE:REX) last posted its quarterly earnings results on Wednesday, May 28th. The company reported $2.67 EPS for the quarter, beating the Thomson Reuters consensus estimate of $2.50 by $0.17. The company had revenue of $155.94 million for the quarter, compared to the consensus estimate of $178.42 million. During the same quarter in the prior year, the company posted $0.40 earnings per share. Analysts expect that Rex American Resources Corp. will post $7.66 EPS 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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.