Rex American Resources stock hits all-time high at 61.59 USD

Rex American Resources Corp has reached an all-time high, with its stock price hitting 61.59 USD. According to InvestingPro data, the company’s stock is showing strong momentum with a remarkable 56.6% gain over the past six months, though technical indicators suggest the stock may be in overbought territory. This milestone reflects a significant upward trajectory for the company, which has experienced a 36.79% increase over the past year. The impressive performance highlights the company’s strong market position and investor confidence, as it continues to capitalize on opportunities in the energy sector. The company maintains a healthy financial position with a current ratio of 9.37 and more cash than debt on its balance sheet. Based on InvestingPro’s Fair Value analysis, the stock appears to be trading near its fair value, with 13 additional ProTips available for subscribers. The all-time high marks a notable achievement for Rex American Resources, signaling robust growth and potential for further advancements. With an overall "GREAT" financial health score from InvestingPro and analysts projecting profitability this year, the company appears well-positioned for continued success.

In other recent news, REX American Resources Corporation reported its financial results for the first quarter of 2025, surpassing earnings per share (EPS) expectations. The company posted an EPS of $0.51, significantly exceeding the forecast of $0.26. However, revenue did not meet expectations, coming in at $158.3 million compared to the anticipated $161.27 million. Additionally, REX American Resources held its annual shareholder meeting in Dayton, Ohio, where nine directors were elected to the board for a one-year term. The elected directors include Stuart A. Rose, Zafar A. Rizvi, and Edward M. Kress, among others. Shareholders present or represented by proxy totaled 14,665,212 shares of common stock. Each nominee received a majority of votes, with Anne C. Macmillan receiving 13,791,058 votes in favor. These developments reflect ongoing activities and financial performance at REX American Resources.

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