Media coverage about Trecora Resources (NYSE:TREC) has been trending somewhat negative this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Trecora Resources earned a media sentiment score of -0.08 on Accern’s scale. Accern also gave press coverage about the basic materials company an impact score of 47.4940018653413 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

TREC has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of Trecora Resources from a “sell” rating to a “hold” rating in a research note on Thursday, October 12th. TheStreet downgraded shares of Trecora Resources from a “b-” rating to a “c+” rating in a research note on Friday, November 10th. Finally, B. Riley restated a “buy” rating and issued a $16.00 price target (down from $17.00) on shares of Trecora Resources in a research note on Wednesday, November 8th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $14.75.

Shares of Trecora Resources (NYSE:TREC) opened at $13.85 on Friday. Trecora Resources has a one year low of $10.13 and a one year high of $14.35. The company has a quick ratio of 1.21, a current ratio of 1.66 and a debt-to-equity ratio of 0.48. The firm has a market cap of $336.64, a P/E ratio of 106.55 and a beta of 1.47.

In other news, major shareholder Athel Fahad Mohammed Saleh Al sold 12,713 shares of the firm’s stock in a transaction that occurred on Tuesday, October 17th. The shares were sold at an average price of $12.32, for a total value of $156,624.16. Following the sale, the insider now directly owns 3,536,764 shares in the company, valued at approximately $43,572,932.48. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Over the last 90 days, insiders sold 190,561 shares of company stock worth $2,360,922. 6.60% of the stock is currently owned by corporate insiders.

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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.

Insider Buying and Selling by Quarter for Trecora Resources (NYSE:TREC)

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