Media headlines about Trecora Resources (NYSE:TREC) have been trending somewhat positive on Thursday, AlphaOne Sentiment reports. The research group, a division of Accern, rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Trecora Resources earned a news sentiment score of 0.00 on AlphaOne’s scale. AlphaOne also gave press coverage about the company an impact score of 64 out of 100, indicating that recent news coverage is somewhat likely to have an effect on the stock’s share price in the next several days.
Shares of Trecora Resources (NYSE:TREC) traded up 0.224% during trading on Thursday, reaching $11.175. The company had a trading volume of 45,243 shares. The stock has a market capitalization of $271.02 million, a PE ratio of 14.327 and a beta of 1.25. Trecora Resources has a 12 month low of $9.75 and a 12 month high of $14.80. The stock’s 50-day moving average price is $11.36 and its 200-day moving average price is $12.02.
Trecora Resources (NYSE:TREC) last posted its earnings results on Wednesday, March 1st. The company reported ($0.03) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by $0.12. Trecora Resources had a net margin of 9.68% and a return on equity of 7.94%. Equities analysts forecast that Trecora Resources will post $0.54 earnings per share for the current fiscal year.
Several equities analysts recently issued reports on the company. Zacks Investment Research cut Trecora Resources from a “hold” rating to a “sell” rating in a report on Wednesday, January 11th. B. Riley reaffirmed a “buy” rating and set a $17.00 price objective on shares of Trecora Resources in a report on Monday, February 27th. TheStreet cut Trecora Resources from a “b-” rating to a “c” rating in a report on Wednesday, March 1st. Finally, Roth Capital set a $14.00 price objective on Trecora Resources and gave the stock a “buy” rating in a report on Thursday, March 2nd.
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About Trecora Resources
Trecora Resources, formerly Arabian American Development Company, is engaged in manufacturing of specialty petrochemical products and synthetic waxes, and providing custom processing services. The Company operates through two segments: manufacturing of various specialty petrochemical products and manufacturing of specialty synthetic waxes.
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