Rex American Resources Corp. CEO Stuart A. Rose Unloads 18,000 Shares (REX)
Rex American Resources Corp. (NYSE:REX) CEO Stuart A. Rose sold 18,000 shares of the stock on the open market in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $91.60, for a total transaction of $1,648,800.00. Following the transaction, the chief executive officer now directly owns 764,758 shares in the company, valued at approximately $70,051,833. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Rex American Resources Corp. (NYSE:REX) traded up 0.76% during mid-day trading on Friday, hitting $88.91. The stock had a trading volume of 106,876 shares. Rex American Resources Corp. has a 52-week low of $26.70 and a 52-week high of $92.42. The stock has a 50-day moving average of $81.70 and a 200-day moving average of $62.79. The company has a market cap of $727.5 million and a P/E ratio of 13.51.
Rex American Resources Corp. (NYSE:REX) last released its earnings data 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 $9.40 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.
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