Rex Energy Corporation (REXX) Shares are Down -9.89%

Rex Energy Corporation (REXX) : During the past 4 weeks, traders have been relatively bearish on Rex Energy Corporation (REXX), hence the stock is down -13.3% 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 -9.3% relative to the S&P 500. The 4-week change in the price of the stock is -13.48% and the stock has fallen -9.89% in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 7.04% and the fifty day Moving Average is 14.79%. Rex Energy Corporation has dropped 23.15% during the last three month period . Year-to-Date the stock performance stands at -46.57%.

Rex Energy Corporation (REXX) : Currently there are 5 street experts covering Rex Energy Corporation (REXX) stock. The most bullish and bearish price target for the stock is $2 and $1 respectively for the short term. The average price target of all the analysts comes to $1.15. The estimated standard deviation from the target is $0.6.


Rex Energy Corporation (NASDAQ:REXX): On Fridays trading session , Opening price of the stock was $0.58 with an intraday high of $0.5829. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $0.5605. However, the stock managed to close at $0.561, a loss of 2.43% for the day. On the previous day, the stock had closed at $0.575. The total traded volume of the day was 860,362 shares.

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.

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