At the time of writing, REX American Resources Corp [REX] stock is trading at $49.53, up 2.25%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The REX shares have gain 8.81% over the last week, with a monthly amount glided 17.65%, 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 $33.45 and $52.00. 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 $49.53 at the most recent close of the market. An investor can expect a potential return of 21.14% based on the average REX price forecast.
Analyzing the REX fundamentals
According to REX American Resources Corp [NYSE:REX], the company’s sales were 639.17M for trailing twelve months, which represents an -1.80% plunge. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.11 and Total Capital is 0.1. 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 48.52 points at the first support level, and at 47.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 50.19, and for the 2nd resistance point, it is at 50.85.
Ratios To Look Out For
It is important to note that REX American Resources Corp [NYSE:REX] has a current ratio of 9.37. Further, the Quick Ratio stands at 8.65, while the Cash Ratio is 3.89. Considering the valuation of this stock, the price to sales ratio is 1.28, the price to book ratio is 1.52 and price to earnings (TTM) ratio is 15.36.
