Bellatrix Exploration (TSE:BXE) Stock Price Crosses Above 200-Day Moving Average – Should You Sell?

Bellatrix Exploration Ltd (TSE:BXEGet Free Report) (NYSE:BXE)’s share price crossed 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.

Bellatrix Exploration Price Performance

The firm has a 50 day moving average price of C$0.38. The company has a market cap of C$15.53 million and a PE ratio of -0.03. The company has a current ratio of 0.34, a quick ratio of 0.30 and a debt-to-equity ratio of 58.29.

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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