Bellatrix Exploration Ltd (BXE) Shares Slide -5.57%

Bellatrix Exploration Ltd (BXE) : During the past 4 weeks, traders have been relatively bearish on Bellatrix Exploration Ltd (BXE), hence the stock is down -19.4% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.51% relative to the S&P 500. The 4-week change in the price of the stock is -16.69% and the stock has fallen -5.57% in the past 1 week.

The stock has recorded a 20-day Moving Average of 12.8% and the 50-Day Moving Average is 17.96%. Bellatrix Exploration Ltd. has dropped 23.38% during the last 3-month period . Year-to-Date the stock performance stands at -29.08%.


Bellatrix Exploration Ltd (NYSE:BXE): stock turned positive on Friday. Though the stock opened at $0.8386, the bulls momentum made the stock top out at $0.8661 level for the day. The stock recorded a low of $0.8386 and closed the trading day at $0.8581, in the green by 1.43%. The total traded volume for the day was 992,962. The stock had closed at $0.846 in the previous days trading.

Bellatrix Exploration Ltd. is an intermediate energy producer focused on exploration and development of light oil and liquids-rich natural gas opportunities in the Western Canada Sedimentary Basin. The Company develops its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Company has a joint venture (the Daewoo and Devonian Partnership) with Daewoo International Corporation (Daewoo) and Devonian Natural Resources Private Equity Fund (Devonian) in the Baptiste area of West-Central 3 Alberta. The Company also has a joint venture (the Troika Joint Venture) with TCA Energy Ltd. (TCA) in the Ferrier Cardium area of West-Central Alberta.

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