Bellatrix Exploration (TSE:BXE) Shares Pass Above 200-Day Moving Average – What’s Next?

Bellatrix Exploration Ltd (TSE:BXEGet Free Report) (NYSE:BXE)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.00 and traded as high as C$0.40. Bellatrix Exploration shares last traded at C$0.38, with a volume of 81,610 shares trading hands.

Bellatrix Exploration Stock Performance

The company has a current ratio of 0.34, a quick ratio of 0.30 and a debt-to-equity ratio of 58.29. The firm has a market capitalization of C$15.53 million and a price-to-earnings ratio of -0.03. The firm’s 50 day simple moving average is C$0.38.

About Bellatrix Exploration

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Bellatrix Exploration Ltd., an oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan in Canada. It primarily focuses on developing its two core resource plays, the Cardium and the Spirit River in Western Canada.

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