Trecora Resources (TREC) Posts Quarterly Earnings, Beats Estimates By $0.01 EPS
Trecora Resources (NASDAQ:TREC) posted its quarterly earnings results on Friday. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.19 by $0.01, American Banking News.com reports.
On a related note, analysts at B. Riley initiated coverage on shares of Trecora Resources in a research note on Tuesday, July 15th. They set a “buy” rating and a $17.00 price target on the stock.
Shares of Trecora Resources (NASDAQ:TREC) opened at 12.02 on Friday. Trecora Resources has a one year low of $7.57 and a one year high of $13.17. The stock has a 50-day moving average of $11.75 and a 200-day moving average of $11.4. The company has a market cap of $290.5 million and a P/E ratio of 17.39.
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