Recent Price Action
Rex American Resources Corp (NYSE: REX) stock closed at $49.02 on 11/30/23 after a major increase of 32.9%. Moreover, trading volume in this advance was exceptionally high at 352% of normal. The stock has risen 32.9% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
REX's future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Rex American Resources has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock's attractiveness. Rex American Resources has a slightly negative Appreciation Score of 38 but a very high Power Rating of 90, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.