Rex Energy Rises On Unusually High Volume (REXX)
NEW YORK (
) --
(Nasdaq:
) is trading at unusually high volume Wednesday with 3.9 million shares changing hands. It is currently at four times its average daily volume and trading up 52 cents (+5.4%) at $9.98 as of 4 p.m. ET.
Rex Energy has a market cap of $474.6 million and is part of the
sector and
industry. Shares are down 35.9% year to date as of the close of trading on Tuesday.
Rex Energy Corporation operates as an independent oil and gas company in the Appalachian, Illinois, and Denver-Julesburg Basins.
TheStreet Ratings rates Rex Energy as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full
.
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