Rex Energy Reaches New 52-Week High (REXX)

NEW YORK ( TheStreet) -- Rex Energy Corporation (Nasdaq: REXX) hit a new 52-week high Friday as it is currently trading at $17.10, above its previous 52-week high of $17.01 with 1.2 million shares traded as of 2:30 p.m. ET. Average volume has been 1.1 million shares over the past 30 days.

Rex Energy has a market cap of $711.3 million and is part of the basic materials sector and energy industry. Shares are up 17.3% year to date as of the close of trading on Thursday.

Rex Energy Corporation operates as an independent oil and gas company in the Appalachian, Illinois, and Denver-Julesburg Basins. The company has a P/E ratio of 37.2, above the S&P 500 P/E ratio of 17.7.
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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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