Trecora Resources General Counsel Unloads $223,212 in Stock (TREC)
Trecora Resources (NASDAQ:TREC) General Counsel Charles Goehringer, Jr. sold 17,800 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $12.54, for a total value of $223,212.00. Following the sale, the general counsel now directly owns 4,800 shares in the company, valued at approximately $60,192. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Trecora Resources (NASDAQ:TREC) traded up 0.87% on Wednesday, hitting $12.81. The stock had a trading volume of 41,469 shares. Trecora Resources has a 1-year low of $7.57 and a 1-year high of $13.17. The stock’s 50-day moving average is $12.12 and its 200-day moving average is $11.. The company has a market cap of $309.5 million and a price-to-earnings ratio of 19.54.
Trecora Resources (NASDAQ:TREC) last released its earnings data on Thursday, July 31st. The company reported $0.20 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.19 by $0.01. On average, analysts predict that Trecora Resources will post $0.71 earnings per share for the current fiscal year.
TREC has been the subject of a number of recent research reports. Analysts at B. Riley reiterated a “buy” rating on shares of Trecora Resources in a research note on Friday, August 1st. They now have a $17.50 price target on the stock, up previously from $17.00.
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