The EC of Trecora Resources (NYSE: TREC) is Selling Shares

By Carrie Williams

Today, the EC of Trecora Resources (NYSE: TREC), Nicholas Carter, sold shares of TREC for $137.4K.

In addition to Nicholas Carter, 4 other TREC executives reported Sell trades in the last month. Following Nicholas Carter’s last TREC Sell transaction on May 21, 2015, the stock climbed by 0.8%.

Based on Trecora Resources’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $65.98 million and quarterly net profit of $13.97 million. In comparison, last year the company earned revenue of $54.2 million and had a GAAP net loss of $847K. TREC’s market cap is $332.9M and the company has a P/E ratio of 19.18. The company has a one-year high of $14.30 and a one-year low of $10.13.

The insider sentiment on Trecora Resources has been negative according to 97 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Trecora Resources engages in the manufacture and sale of petrochemical products, synthetic waxes, and provision of custom processing services. It operates through the Specialty Petrochemical Products and Specialty Synthetic Wax.