How to Buy Rex American Resources Stock
Rex American Resources Corp
Rex American Resources is a chemical company located in Ohio, United States, which is part of the Basic Materials sector, and is traded under the ticker REX on the NYSE exchange.
Rex American Resources stock last closed at $57.15, up 4.57% from the previous day, and has increased 99.41% in one year. It has overperformed other stocks in the Chemicals industry by 0.9 percentage points. Rex American Resources stock is currently +108.05% from its 52-week low of $27.47, and -5.98% from its 52-week high of $60.79.
At the moment, there are 17.5M REX shares outstanding. The market capitalization of REX is $1.00B. In the past 24 hours, 283,259 REX shares were traded.
How to Buy Rex American Resources Stock
Not sure how to invest in Rex American Resources stock? Here's how.
- Figure out where to buy Rex American Resources stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Rex American Resources stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Pick your payment method and add your info.
- Evaluate Rex American Resources stock: The Rex American Resources ticker symbol is REX. Is Rex American Resources stock a good investment? Should you buy shares of REX? How do REX's underlying business fundamentals look? Do top analysts think Rex American Resources is a good buy? Why has REX's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if REX is a good stock to buy).
- Place your REX purchase: Decide if you will purchase REX shares at the current market price or use a limit order to buy REX shares at a specific price.
- Get the latest scoop on your REX position: Create a watchlist to key updates about your investment in Rex American Resources stock.
Step 1: Figure out where to buy Rex American Resources stock
You will need a brokerage account to access the NYSE market and buy REX stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, you need to fill out some personal information so you can invest in REX stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open a new brokerage account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have opened your account on the best stock market app for beginners, you need to deposit funds:
Check out the tutorial below to see the process of transferring money into your brokerage account.
Step 4: Evaluate Rex American Resources stock
After you have identified the best place to buy Rex American Resources stock, it's very important to evaluate their stock before you invest, so you actually comprehend the risk and upside.
Rex American Resources stock quick numbers
REX Due Diligence Checks
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on REX's stock page.
Is REX stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge REX's intrinsic value.
Using relative valuations ratios:
- REX may be undervalued based on its P/E ratio of 16.38x, relative to Chemicals industry P/E ratio of 41.44x
- REX may be overvalued based on its P/B ratio of 1.95x, relative to Chemicals industry P/B ratio of 1.94x
You can access more valuation research on REX's stock here.
REX Financial Health Overview
Pros:
- REX earnings of $83.50M is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the REX balance sheet.
- REX has a low debt to equity ratio of 0.15.
- There are more short-term assets than long-term liabilities on the REX balance sheet.
- REX's operating cash flow of $127.97M allows it to safely service it's debt of $12.85M.
- REX profit margin has gone up from 3.2% to 7.3% in the past year.
Cons:
- Total REX debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy Rex American Resources stock, according to analysts?
Out of 1 Wall Street analysts who track REX, the consensus analyst rating on REX is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Rex American Resources stock forecast page.
REX Technicals
How are REX Revenues/Earnings doing?
Last year, REX earnings were $60.94M. In the past 5 year, REX's earnings have gone up by 16.35% per year. This was faster than the Chemicals industry average of -16.5%.
Last year, REX revenue was $833.38M. During the last five year, REX's revenue has increased by 11.36% per year. This was faster than the Chemicals industry average of 1.02%.
You can research REX's earnings and revenue performance here.
Are REX insiders buying or selling the stock?
In the past year, executives and large shareholders at REX have sold more shares than they have bought.
Stuart A. Rose, Executive COB of REX, was the latest REX insider to sell. They sold $152,714.78 worth of REX stock on Apr 9, 2024.
Dig into more about who owns REX shares here.
Can I get consistent income from REX stock?
No, Rex American Resources doesn't provide an income stream by paying out dividends.
What others are saying about REX
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Place your REX purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact price limit, use a limit order.
Click the Open Trade button and eToro will execute your order.
If you want more info about investing in stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your REX position
Now that you own some REX shares, you'll want to keep up with your company.
Put REX on a watchlist to get the latest updates about your REX stock.
REX Feed
How to Buy Stock in Rex American Resources
To summarize, here are the 6 steps to buy stock in Rex American Resources:
- Figure out where to buy Rex American Resources stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Evaluate Rex American Resources stock
- Place your REX purchase
- Get the latest scoop on your REX position
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to monitor your new investment in Rex American Resources, create a watchlist on WallStreetZen today.
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