Rex Energy Co. (NASDAQ:REXX) shares reached a new 52-week high and low during mid-day trading on Wednesday . The company traded as low as $0.83 and last traded at $0.83, with a volume of 129306 shares changing hands. The stock had previously closed at $0.89.
A number of research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Rex Energy from a “sell” rating to a “hold” rating in a research report on Thursday, January 4th. Northland Securities set a $2.00 price objective on shares of Rex Energy and gave the stock a “hold” rating in a research report on Monday, December 11th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. Rex Energy has an average rating of “Hold” and an average price target of $2.54.
The company has a debt-to-equity ratio of -18.86, a quick ratio of 0.33 and a current ratio of 0.36.
Rex Energy Company Profile
Rex Energy Corporation is an independent oil, natural gas liquid (NGL) and natural gas company. The Company has operations in the Appalachian Basin and Illinois Basin. In the Appalachian Basin, the Company is focused on its Marcellus Shale, Utica Shale and Upper Devonian (Burkett) Shale drilling and exploration activities.
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