At the time of writing, REX American Resources Corp [REX] stock is trading at $43.85, down -0.63%. An important factor to consider is whether the stock is rising or falling in short-term value. The REX shares have gain 5.18% over the last week, with a monthly amount glided 7.50%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Singular Research reaffirmed its Buy rating on April 04, 2016, and dropped its price target to $60. On December 03, 2015, Singular Research reiterated its Buy rating and revised its price target to $67.50 on the stock. Singular Research upgraded its rating to a Buy and decreased its price target to $105 on December 04, 2014. Singular Research reiterated its recommendation of a BUY – Long-Term and raised its price target to $115 on August 28, 2014.
For the past year, the stock price of REX American Resources Corp fluctuated between $39.02 and $60.78. Currently, Wall Street analysts expect the stock to reach $60 within the next 12 months. REX American Resources Corp [NYSE: REX] shares were valued at $43.85 at the most recent close of the market. An investor can expect a potential return of 36.83% based on the average REX price forecast.
Analyzing the REX fundamentals
According to REX American Resources Corp [NYSE:REX], the company’s sales were 672.02M for trailing twelve months, which represents an -21.04% plunge. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.13 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 43.46 points at the first support level, and at 43.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.45, and for the 2nd resistance point, it is at 45.05.
Ratios To Look Out For
It is important to note that REX American Resources Corp [NYSE:REX] has a current ratio of 9.93. On the other hand, the Quick Ratio is 9.27, and the Cash Ratio is 6.78. Considering the valuation of this stock, the price to sales ratio is 1.15, the price to book ratio is 1.36 and price to earnings (TTM) ratio is 11.45.
Transactions by insiders
Recent insider trading involved FISHER LEE, Director, that happened on May 24 ’24 when 4362.0 shares were sold. Executive COB, ROSE STUART A completed a deal on Apr 09 ’24 to sell 2611.0 shares. Meanwhile, Executive COB ROSE STUART A sold 4943.0 shares on Apr 08 ’24.
