REX American Resources (NYSE:REX – Get Free Report) announced its quarterly earnings data on Tuesday. The energy company reported $1.38 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.66, RTT News reports. REX American Resources had a return on equity of 11.69% and a net margin of 9.64%. During the same period last year, the company posted $1.49 earnings per share.
REX American Resources Stock Down 0.7 %
Shares of REX opened at $41.65 on Thursday. The stock has a market cap of $731.67 million, a price-to-earnings ratio of 10.60 and a beta of 0.90. The business has a 50-day simple moving average of $45.42 and a two-hundred day simple moving average of $46.16. REX American Resources has a 52 week low of $39.39 and a 52 week high of $60.78.
Analyst Ratings Changes
Separately, Truist Financial decreased their price objective on REX American Resources from $65.00 to $60.00 and set a “buy” rating on the stock in a report on Tuesday, August 27th.
About REX American Resources
REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol in the United States. The company also offers corn, distillers grains, ethanol, distillers corn oil, gasoline, and natural gas. In addition, it provides dry distillers grains with solubles, which is used as a protein in animal feed.
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