REX American Resources Corp’s recent filing unveils that its Executive COB ROSE STUART A unloaded Company’s shares for reported $0.15 million on Apr 09 ’24. In the deal valued at $58.49 per share,2,611 shares were sold. As a result of this transaction, ROSE STUART A now holds 1,484,751 shares worth roughly $85.54 million.
Then, ROSE STUART A sold 4,943 shares, generating $289,531 in total proceeds. Upon selling the shares at $58.57, the Executive COB now owns 1,487,362 shares.
Before that, ROSE STUART A sold 5,041 shares. REX American Resources Corp shares valued at $292,765 were divested by the Executive COB at a price of $58.08 per share. As a result of the transaction, ROSE STUART A now holds 1,492,305 shares, worth roughly $85.97 million.
Feltl & Co. initiated its REX American Resources Corp [REX] rating to a Buy in a research note published recently. A number of analysts have revised their coverage, including Singular Research’s analysts, who remained covering the stock and in early April has reiterated a ‘”a Buy”‘ rating for it. Singular Research also remained covering REX and reiterated its “Buy” recommendation on December 03, 2015. Singular Research revised its rating on December 04, 2014. It rated REX as “a Buy” which previously was an “a Buy – long-term”.
Price Performance Review of REX
On Tuesday, REX American Resources Corp [NYSE:REX] saw its stock jump 0.03% to $57.61. Over the last five days, the stock has gained 4.12%. REX American Resources Corp shares have risen nearly 21.80% since the year began. Nevertheless, the stocks have risen 103.57% over the past one year. While a 52-week high of $60.78 was reached on 04/02/24, a 52-week low of $28.08 was recorded on 02/05/24. SMA at 50 days reached $51.33, while 200 days put it at $43.10. A total of 0.2 million shares were traded, compared to the trading of 0.26 million shares in the previous session.
Levels Of Support And Resistance For REX Stock
The 24-hour chart illustrates a support level at 57.24, which if violated will result in even more drops to 56.87. On the upside, there is a resistance level at 58.24. A further resistance level may holdings at 58.87. The Relative Strength Index (RSI) on the 14-day chart is 61.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.07, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 27.44%. Stochastics %K at 75.87% indicates the stock is a holding.
The most recent change occurred on August 28, 2014 when Singular Research resumed its ‘”a Buy – long-term”‘ rating for the stock and retained the price target to $115.
