REX American Resources Corp (NYSE:REX) has been downgraded to Hold in a statement by Feltl & Co. earlier today.
- Updated: November 30, 2016
Feltl & Co. has downgraded REX American Resources Corp (NYSE:REX) to Hold in a statement released on 11/30/2016.
On 12/3/2015, Singular Research released a statement on REX American Resources Corp (NYSE:REX) bumped down the target price from $75.00 to $67.00 that suggested an upside of 0%.
Boasting a price of $97.04, REX American Resources Corp (NYSE:REX) traded 4.78% higher on the day. With the last close up 34.58% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. REX American Resources Corp has recorded a 50-day average of $83.03 and a two hundred day average of $72.21. Volume of trade was up over the average, with 133,686 shares of REX changing hands over the typical 108,453
With a total market value of $0, REX American Resources Corp has price-earnings ratio of 29.56 with a one year low of $44.48 and a one year high of $97.90 .
A total of 1 analyst has released a research note on REX. One analyst rating the company a strong buy, zero analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $60.00.
More About REX American Resources Corp (NYSE:REX)
Rex American Resources Corporation is a holding company. The Company has invested in approximately three ethanol production entities, two of which the Company has a majority ownership interest in. The Company operates through alternative energy segment. The Company's ethanol investments include One Earth Energy, LLC (One Earth), NuGen Energy, LLC (NuGen) and Big River Resources, LLC (Big River). One Earth has its ethanol production facility in Gibson City, Illinois. NuGen operates an ethanol producing facility in Marion, South Dakota. Big River is a holding company for various entities, including Big River Resources West Burlington, LLC, which operates an ethanol plant in West Burlington, Iowa. Big River has interest in Big River United Energy, LLC, which operates an ethanol production facility located in Dyersville, Iowa. Big River has interest in an ethanol production facility, which is located in Boyceville, Wisconsin.
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