Rex American Resources Corp (NYSE: REX) has reported E.P.S. of $1.17 for its fourth fiscal quarter (ending January 31) versus $0.47 for the same period a year ago. E.P.S. were $3.49 for the latest four quarters through January 31 versus $1.57 for the same period a year ago.
Recent Price Action
Rex American Resources Corp (NYSE: REX) stock closed at $58.71 on 3/28/24 after a major increase of 33.7%. Moreover, trading volume in this advance was exceptionally high at 585% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 28.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, REX is expected to continue to be a modest Value Builder.
Rex American Resources has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Rex American Resources has a neutral Appreciation Score of 44 but a good Power Rating of 73, producing the High Neutral Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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