REX American Resources Corporation (NYSE:REX) Director Lawrence Tomchin sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 3rd. The shares were sold at an average price of $96.00, for a total value of $96,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Shares of REX American Resources Corporation (NYSE:REX) traded down 1.40% during midday trading on Wednesday, hitting $93.58. The company had a trading volume of 11,392 shares. The stock’s 50-day moving average price is $91.56 and its 200-day moving average price is $93.91. REX American Resources Corporation has a 12 month low of $76.10 and a 12 month high of $107.87. The company has a market cap of $614.45 million, a price-to-earnings ratio of 21.40 and a beta of 1.66.

REX American Resources Corporation (NYSE:REX) last issued its earnings results on Wednesday, August 30th. The energy company reported $0.45 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.67). REX American Resources Corporation had a return on equity of 7.41% and a net margin of 6.26%. The business had revenue of $108.74 million during the quarter. On average, equities research analysts forecast that REX American Resources Corporation will post $4.53 EPS for the current year.

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Institutional investors have recently made changes to their positions in the company. State of Alaska Department of Revenue raised its position in shares of REX American Resources Corporation by 75.6% during the 2nd quarter. State of Alaska Department of Revenue now owns 1,106 shares of the energy company’s stock worth $106,000 after purchasing an additional 476 shares during the period. Mason Street Advisors LLC boosted its position in REX American Resources Corporation by 7.0% during the 1st quarter. Mason Street Advisors LLC now owns 1,324 shares of the energy company’s stock valued at $120,000 after purchasing an additional 87 shares during the period. SG Americas Securities LLC boosted its position in REX American Resources Corporation by 17.9% during the 1st quarter. SG Americas Securities LLC now owns 1,743 shares of the energy company’s stock valued at $158,000 after purchasing an additional 265 shares during the period. PNC Financial Services Group Inc. boosted its position in REX American Resources Corporation by 1.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,933 shares of the energy company’s stock valued at $175,000 after purchasing an additional 28 shares during the period. Finally, Victory Capital Management Inc. boosted its position in REX American Resources Corporation by 73.2% during the 1st quarter. Victory Capital Management Inc. now owns 2,013 shares of the energy company’s stock valued at $182,000 after purchasing an additional 851 shares during the period. Institutional investors and hedge funds own 89.28% of the company’s stock.

Separately, BidaskClub lowered REX American Resources Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 24th.

REX American Resources Corporation Company Profile

Rex American Resources Corporation is a holding company. As of January 31, 2017, the Company had invested in three ethanol production entities. It operates through alternative energy segment. As of January 31, 2017, the Company’s ethanol investments include One Earth Energy, LLC (One Earth), NuGen Energy, LLC (NuGen) and Big River Resources, LLC (Big River).

Insider Buying and Selling by Quarter for REX American Resources Corporation (NYSE:REX)

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