Trecora Resources General Counsel Unloads $223,212 in Stock (TREC)
Trecora Resources (NASDAQ:TREC) General Counsel Charles Goehringer, Jr. unloaded 17,800 shares of the stock on the open market in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $12.54, for a total transaction of $223,212.00. Following the transaction, the general counsel now directly owns 4,800 shares in the company, valued at approximately $60,192. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Trecora Resources (NASDAQ:TREC) opened at 13.01 on Friday. Trecora Resources has a 52-week low of $7.57 and a 52-week high of $13.17. The stock’s 50-day moving average is $12.1 and its 200-day moving average is $11.50. The company has a market cap of $314.4 million and a P/E ratio of 19.88.
Trecora Resources (NASDAQ:TREC) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.20 earnings per share (EPS) for the quarter, beating the 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.
A number of research firms have recently commented on TREC. 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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