ValuEngine upgraded shares of Bellatrix Exploration (NYSE:BXE) (TSE:BXE) from a sell rating to a hold rating in a report published on Thursday morning.
BXE has been the topic of a number of other research reports. Zacks Investment Research raised shares of Bellatrix Exploration from a hold rating to a buy rating and set a $1.25 price objective on the stock in a research report on Tuesday, October 9th. National Bank Financial raised shares of Bellatrix Exploration from an underperform rating to a $0.94 rating in a research report on Wednesday, July 18th. Four equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of $2.48.
Shares of Bellatrix Exploration stock traded up $0.01 on Thursday, reaching $0.87. The stock had a trading volume of 18,907 shares, compared to its average volume of 118,500. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.55. Bellatrix Exploration has a 1 year low of $0.82 and a 1 year high of $2.73. The company has a market cap of $57.58 million, a P/E ratio of -0.64 and a beta of 0.79.
Bellatrix Exploration (NYSE:BXE) (TSE:BXE) last issued its quarterly earnings data on Thursday, August 2nd. The oil and gas exploration company reported ($0.49) earnings per share (EPS) for the quarter. Bellatrix Exploration had a negative return on equity of 8.97% and a negative net margin of 34.37%. The firm had revenue of $41.87 million during the quarter. As a group, equities research analysts forecast that Bellatrix Exploration will post -0.95 EPS for the current fiscal year.
Bellatrix Exploration Company Profile
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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