Trecora Resources (TREC) Forms $13.55 Double Top; Algonquin Power & Utilities Corphares (AQN) Shorts Up By 69.53%

Trecora Resources (TREC) formed double top with $14.63 target or 8.00% above today’s $13.55 share price. Trecora Resources (TREC) has $329.57M valuation. The stock increased 1.50% or $0.2 during the last trading session, reaching $13.55. About 4,617 shares traded. Trecora Resources (NYSE:TREC) has risen 26.29% since May 17, 2017 and is uptrending. It has outperformed by 14.74% the S&P500.

Algonquin Power & Utilities Corphares (NYSE:AQN) had an increase of 69.53% in short interest. AQN’s SI was 6.89 million shares in May as released by FINRA. Its up 69.53% from 4.07M shares previously. With 526,400 avg volume, 13 days are for Algonquin Power & Utilities Corphares (NYSE:AQN)’s short sellers to cover AQN’s short positions. The SI to Algonquin Power & Utilities Corphares’s float is 1.8%. The stock decreased 0.82% or $0.08 during the last trading session, reaching $9.63. About 96,554 shares traded. Algonquin Power & Utilities Corp. (NYSE:AQN) has risen 3.22% since May 17, 2017 and is uptrending. It has underperformed by 8.33% the S&P500.

Analysts await Trecora Resources (NYSE:TREC) to report earnings on August, 2. They expect $0.15 EPS, up 400.00% or $0.12 from last year’s $0.03 per share. TREC’s profit will be $3.65M for 22.58 P/E if the $0.15 EPS becomes a reality. After $0.08 actual EPS reported by Trecora Resources for the previous quarter, Wall Street now forecasts 87.50% EPS growth.

Among 5 analysts covering Trecora Resources (NYSE:TREC), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Trecora Resources has $18 highest and $15.0 lowest target. $16.40’s average target is 21.03% above currents $13.55 stock price. Trecora Resources had 5 analyst reports since November 30, 2015 according to SRatingsIntel. B. Riley & Co maintained it with “Buy” rating and $16 target in Wednesday, November 8 report. The stock of Trecora Resources (NYSE:TREC) earned “Buy” rating by TH Capital on Monday, November 30. The stock has “Buy” rating by Roth Capital on Thursday, March 8. Singular Research maintained it with “Buy” rating and $16 target in Thursday, April 27 report.

Trecora Resources (NYSE:TREC) Ratings Chart