Rex Energy Corporation (REXX) Shares are Down -0.89%

Rex Energy Corporation (REXX) : During the past 4 weeks, traders have been relatively bearish on Rex Energy Corporation (REXX), hence the stock is down -6.98% 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 -1.39% relative to the S&P 500. The 4-week change in the price of the stock is -7.1% and the stock has fallen -0.89% in the past 1 week.

The stock has recorded a 20-day Moving Average of 5.44% and the 50-Day Moving Average is 12.55%.The 200 Day SMA reached 36.04%. Rex Energy Corporation has dropped 32.2% during the last 3-month period . Year-to-Date the stock performance stands at -47.05%.


Rex Energy Corporation (NASDAQ:REXX): The stock opened in the green at $0.53 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $0.5694 and a low of $0.53 for the day. The stock did not find buyers even at the lows and closed at $0.556 recording a loss of -1.17%. 730,624 shares exchanged hands during the trading day. The stock had closed at $0.5626 in the previous days trading.

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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