Stock price performance of Rex Energy Corporation is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 67.09% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 5.28% . Looking at the past 52 week period, the stock price is up at 21.39% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Rex Energy Corporation has a negative value of -38.67 compared to overall market performance. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 18% and the 50-Day Moving Average is 40.17%.The 200 Day SMA reached 15.43%
Rex Energy Corporation is having a Relative Strength Index of 50.2 which indicates the stock is not yet over sold or over bought based on the technical indicators. Rex Energy Corporation (NASDAQ:REXX) has tumbled 9.82% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 26.99% in the last four weeks. The stocks have underperformed the S&P 500 by 9.93% during the past week but Rex Energy Corporation (NASDAQ:REXX) it has outperformed the index in 4 weeks by 25.86%.
Company has reported several Insider transactions to the SEC, on Aug 31, 2016, Robert W Ovitz (COO) purchased 10,000 shares at 0.58 per share price.On Aug 26, 2015, Curtis J Walker (Chief Accounting Officer) purchased 1,900 shares at 2.60 per share price.On Aug 11, 2015, Thomas Charles Stabley (CEO) purchased 10,000 shares at 2.50 per share price.
Rex Energy Corporation Last issued its quarterly earnings results on Aug 2, 2016. The company reported $-0.07 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $-0.13. The company had revenue of $31.30 million for the quarter, compared to analysts expectations of $43.70 million. The companys revenue was down -12.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.22 EPS.
Rex Energy Corporation (NASDAQ:REXX) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.0138 points or 2.06% at $0.6555 with 1,524,945 shares getting traded. Post opening the session at $0.65, the shares hit an intraday low of $0.639 and an intraday high of $0.6898 and the price was in this range throughout the day. The company has a market cap of $64 million and the number of outstanding shares has been calculated to be 97,882,115 shares. The 52-week high of Rex Energy Corporation (NASDAQ:REXX) is $2.43 and the 52-week low is $0.23.
Rex Energy Corporation is an independent oil and gas company operating in the Illinois Basin, the Appalachian Basin and the southwestern region of the United States. The Company pursues a balanced growth strategy of exploiting its sizable inventory of lower-risk developmental drilling locations, pursuing its higher-potential exploration drilling and enhanced oil recovery projects, and actively seeking to acquire complementary oil and natural gas properties.