Headlines about Rex Energy (NASDAQ:REXX) have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Rex Energy earned a news impact score of 0.08 on Accern’s scale. Accern also gave news headlines about the oil and gas exploration company an impact score of 45.7107979993792 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Several research analysts recently weighed in on REXX shares. Zacks Investment Research upgraded Rex Energy from a “sell” rating to a “buy” rating and set a $1.00 target price on the stock in a research note on Thursday, March 29th. Northland Securities set a $2.00 target price on Rex Energy and gave the stock a “hold” rating in a research note on Monday, December 11th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $2.54.
Shares of REXX opened at $0.89 on Tuesday. Rex Energy has a one year low of $0.85 and a one year high of $5.50. The company has a quick ratio of 0.33, a current ratio of 0.36 and a debt-to-equity ratio of -18.86. The stock has a market cap of $9.06, a price-to-earnings ratio of -0.18 and a beta of 1.91.
Rex Energy Corporation is an independent oil, natural gas liquid (NGL) and natural gas company. The Company has operations in the Appalachian Basin and Illinois Basin. In the Appalachian Basin, the Company is focused on its Marcellus Shale, Utica Shale and Upper Devonian (Burkett) Shale drilling and exploration activities.
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