Bellatrix Exploration (TSE:BXE) Trading Down 5% – Time to Sell?

Bellatrix Exploration Ltd (TSE:BXEGet Free Report) (NYSE:BXE) traded down 5% on Monday . The stock traded as low as C$0.37 and last traded at C$0.38. 81,610 shares were traded during mid-day trading, an increase of 7% from the average session volume of 76,027 shares. The stock had previously closed at C$0.40.

Bellatrix Exploration Trading Down 5.0 %

The business has a fifty day moving average price of C$0.38. 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 company has a market capitalization of C$15.53 million and a price-to-earnings ratio of -0.03.

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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