Rex Energy Stock Hits New 52-Week High (REXX)

NEW YORK ( TheStreet) -- Rex Energy Corporation (Nasdaq: REXX) hit a new 52-week high Tuesday as it is currently trading at $14.61, above its previous 52-week high of $14.33 with 270,074 shares traded as of 9:36 a.m. ET. Average volume has been 900,400 shares over the past 30 days.

Rex Energy has a market cap of $614.9 million and is part of the basic materials sector and energy industry. Shares are up 1.4% 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, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full Rex Energy Ratings Report.

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