News stories about Trecora Resources (NYSE:TREC) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Trecora Resources earned a news impact score of 0.12 on Accern’s scale. Accern also gave news articles about the basic materials company an impact score of 45.6692079295625 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of analysts have issued reports on TREC shares. Zacks Investment Research raised Trecora Resources from a “sell” rating to a “hold” rating in a research note on Friday, February 23rd. B. Riley reissued a “buy” rating on shares of Trecora Resources in a research note on Tuesday, March 6th. One research analyst has rated the stock with a sell rating and three have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $14.67.
Shares of TREC stock traded up $0.25 during trading hours on Wednesday, reaching $13.35. The company’s stock had a trading volume of 19,346 shares, compared to its average volume of 61,390. The company has a current ratio of 1.82, a quick ratio of 1.23 and a debt-to-equity ratio of 0.49. Trecora Resources has a 12-month low of $10.13 and a 12-month high of $14.30. The firm has a market cap of $319.63, a price-to-earnings ratio of 18.54 and a beta of 1.60.
About Trecora Resources
Trecora Resources (TREC) is a provider of high-purity specialty hydrocarbons and waxes. TREC owns and operates a facility located in southeast Texas, just north of Beaumont, which specializes in high-purity hydrocarbons and other petrochemical manufacturing. The Company operates through two segments: specialty petrochemical products and specialty synthetic waxes.
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