NEW YORK (

TheStreet

) --

Rex Energy Corporation

(Nasdaq:

REXX

) hit a new 52-week low Tuesday as it is currently trading at $9.50, below its previous 52-week low of $9.67 with 345,571 shares traded as of 9:35 a.m. ET. Average volume has been 974,200 shares over the past 30 days.

Rex Energy has a market cap of $474.6 million and is part of the

basic materials

sector and

energy

industry. Shares are down 28.1% year to date as of the close of trading on Monday.

Rex Energy Corporation operates as an independent oil and gas company in the Appalachian, Illinois, and Denver-Julesburg Basins.

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TheStreet Ratings rates Rex Energy as a

hold

. 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

Rex Energy Ratings Report

.

See all

52-week low stocks

or get investment ideas from our

investment research center

.

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