Rex American Resources Corp. CEO Stuart A. Rose Sells 6,000 Shares (REX)
Rex American Resources Corp. (NYSE:REX) CEO Stuart A. Rose unloaded 6,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $97.11, for a total transaction of $582,660.00. Following the sale, the chief executive officer now directly owns 686,758 shares in the company, valued at approximately $66,691,069. The transaction was disclosed in a filing with the SEC, which is available at this link.
Rex American Resources Corp. (NYSE:REX) traded up 4.14% on Monday, hitting $98.1304. The stock had a trading volume of 105,082 shares. Rex American Resources Corp. has a 52 week low of $26.70 and a 52 week high of $97.41. The stock’s 50-day moving average is $84.83 and its 200-day moving average is $64.86. The company has a market cap of $802.9 million and a price-to-earnings ratio of 14.43.
Rex American Resources Corp. (NYSE:REX) last issued its quarterly earnings data on Wednesday, May 28th. The company reported $2.67 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.40 earnings per share. On average, analysts predict that Rex American Resources Corp. will post $8.51 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.
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.