News headlines about Bellatrix Exploration (NYSE:BXE) (TSE:BXE) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Bellatrix Exploration earned a daily sentiment score of 0.06 on Accern’s scale. Accern also assigned news articles about the oil and gas exploration company an impact score of 45.1021033817173 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Bellatrix Exploration (BXE) traded down $0.05 during mid-day trading on Tuesday, hitting $1.75. 111,569 shares of the stock traded hands, compared to its average volume of 84,854. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.59 and a current ratio of 0.59. Bellatrix Exploration has a 1 year low of $1.73 and a 1 year high of $5.35.
A number of analysts have recently weighed in on BXE shares. Zacks Investment Research raised Bellatrix Exploration from a “strong sell” rating to a “hold” rating in a research report on Monday, August 14th. Scotiabank reiterated a “hold” rating and set a $5.00 price objective on shares of Bellatrix Exploration in a research note on Tuesday, October 10th. Canaccord Genuity reiterated a “hold” rating and set a $3.75 price objective on shares of Bellatrix Exploration in a research note on Friday, November 10th. Northland Securities reiterated a “buy” rating and set a $4.50 price objective on shares of Bellatrix Exploration in a research note on Friday, November 10th. Finally, AltaCorp Capital cut Bellatrix Exploration from an “outperform” rating to a “sector perform” rating in a research report on Friday, November 10th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $4.88.
COPYRIGHT VIOLATION WARNING: “Somewhat Favorable News Coverage Somewhat Unlikely to Impact Bellatrix Exploration (NYSE:BXE) Stock Price” was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright laws. The original version of this piece of content can be read at https://www.dispatchtribunal.com/2017/12/05/bellatrix-exploration-bxe-getting-somewhat-favorable-media-coverage-analysis-shows.html.
Bellatrix Exploration Company Profile
Bellatrix Exploration Ltd. is an oil and gas exploration company engaged in the exploration for, and the acquisition, development and production of oil and natural gas reserves in the provinces of Alberta, British Columbia and Saskatchewan. The Company’s properties include Ferrier, Willesden Green, Greater Pembina, Strachan and Harmattan.
Receive News & Ratings for Bellatrix Exploration Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bellatrix Exploration Ltd and related companies with MarketBeat.com's FREE daily email newsletter.