Company Shares of Bellatrix Exploration Ltd (NYSE:BXE) Rally 1.95%

Bellatrix Exploration Ltd (NYSE:BXE) has been under a strong bear grip, hence the stock is down -11.29% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.66% in the past 1 week. The stock has risen by 1.95% in the past week indicating that the buyers are active at lower levels, but the stock is down -9.86% in the past 4 weeks.

The company shares have dropped -56.07% from its 1 Year high price. On Jul 15, 2015, the shares registered one year high at $2.57 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $1.08 and the 200 Day Moving Average price is recorded at $1.07.

The stock has recorded a 20-day Moving Average of 5.63% and the 50-Day Moving Average is 1.38%.


Bellatrix Exploration Ltd (NYSE:BXE): stock turned positive on Friday. Though the stock opened at $1.07, the bulls momentum made the stock top out at $1.07 level for the day. The stock recorded a low of $1 and closed the trading day at $1.0501, in the green by 5.55%. The total traded volume for the day was 1,613,436. The stock had closed at $0.9949 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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.