Rex Energy Corporation (REXX) : During the past 4 weeks, traders have been relatively bearish on Rex Energy Corporation (REXX), hence the stock is down -11.64% 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 -8.09% relative to the S&P 500. The 4-week change in the price of the stock is -9.44% and the stock has fallen -7.7% in the past 1 week.
Rex Energy Corporation (NASDAQ:REXX): The stock opened at $0.61 on Friday but the bulls could not build on the opening and the stock topped out at $0.62 for the day. The stock traded down to $0.60 during the day, due to lack of any buying support eventually closed down at $0.60 with a loss of -0.25% for the day. The stock had closed at $0.60 on the previous day. The total traded volume was 1,034,316 shares.
The stock has recorded a 20-day Moving Average of 7.57% and the 50-Day Moving Average is 16.71%. Rex Energy Corporation has dropped 32.75% during the last 3-month period . Year-to-Date the stock performance stands at -43%.
Rex Energy Corporation (REXX) : The consensus price target for Rex Energy Corporation (REXX) is $1.15 for the short term with a standard deviation of $0.6. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $2, however, the pessimist price target for the company is $1.
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. In the Illinois Basin, the Company is focused on its developmental oil drilling and the implementation of enhanced oil recovery (EOR) on its properties. In addition to its drilling and exploration activities, the Company is also engaged in oil and gas field services, where the Company provides water sourcing, water disposal and water transfer solutions for completion operations. The Company operates in two business segments: exploration and production and field services. Its core leasehold consists of interests in developed and undeveloped crude oil, NGL and natural gas resources located in the Appalachian and Illinois basins.