News coverage about Rex Energy (NASDAQ:REXX) has been trending somewhat negative this week, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rex Energy earned a media sentiment score of -0.12 on Accern’s scale. Accern also gave press coverage about the oil and gas exploration company an impact score of 44.9004496206195 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Rex Energy stock traded up $0.28 during midday trading on Tuesday, reaching $0.53. Rex Energy has a 12 month low of $0.03 and a 12 month high of $3.90. The company has a debt-to-equity ratio of -18.86, a quick ratio of 0.33 and a current ratio of 0.36. The firm has a market cap of $5.94 million, a price-to-earnings ratio of -0.11 and a beta of 1.91.
A number of research firms recently commented on REXX. S&P Equity Research reduced their price target on Rex Energy from $0.19 to $0.16 in a report on Monday, May 21st. Zacks Investment Research upgraded Rex Energy from a “hold” rating to a “buy” rating and set a $0.75 price target for the company in a report on Saturday, April 28th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Rex Energy currently has an average rating of “Hold” and a consensus price target of $1.58.
About Rex Energy
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.
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