REX American Resources (NYSE:REX – Get Free Report) released its quarterly earnings results on Wednesday. The energy company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.36, RTT News reports. REX American Resources had a net margin of 10.07% and a return on equity of 11.05%. During the same quarter in the previous year, the firm posted $1.16 earnings per share.
REX American Resources Price Performance
REX opened at $39.40 on Wednesday. The firm has a market capitalization of $692.12 million, a PE ratio of 10.44 and a beta of 0.92. The business’s 50-day moving average is $39.93 and its two-hundred day moving average is $42.65. REX American Resources has a 1 year low of $35.40 and a 1 year high of $60.79.
Wall Street Analyst Weigh In
Separately, Truist Financial dropped their price objective on shares of REX American Resources from $60.00 to $55.00 and set a “buy” rating on the stock in a research note on Monday, December 9th.
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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