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

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.

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.

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