Headlines about Bellatrix Exploration (NYSE:BXE) (TSE:BXE) have been trending somewhat negative this week, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bellatrix Exploration earned a media sentiment score of -0.04 on Accern’s scale. Accern also gave news coverage about the oil and gas exploration company an impact score of 44.6325047236637 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of NYSE:BXE traded up $0.01 during trading on Friday, hitting $0.90. 70,100 shares of the company were exchanged, compared to its average volume of 129,886. The firm has a market capitalization of $54.41 million, a price-to-earnings ratio of -0.66 and a beta of 0.90. Bellatrix Exploration has a fifty-two week low of $0.84 and a fifty-two week high of $3.10. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.55.
A number of equities research analysts recently issued reports on BXE shares. National Bank Financial raised Bellatrix Exploration from an “underperform” rating to a “$0.94” rating in a research report on Wednesday, July 18th. Zacks Investment Research raised Bellatrix Exploration from a “hold” rating to a “buy” rating and set a $1.00 target price on the stock in a research report on Wednesday, June 27th. Finally, ValuEngine raised Bellatrix Exploration from a “sell” rating to a “hold” rating in a research report on Thursday, August 2nd. Five investment analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. Bellatrix Exploration has an average rating of “Hold” and a consensus price target of $2.93.
About Bellatrix Exploration
Bellatrix Exploration Ltd., an oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan in Canada. It primarily focuses on developing its two core resource plays, the Cardium and the Spirit River in Western Canada.
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