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A report released today by Zacks Investment Research about Bellatrix Exploration Ltd (NYSE:BXE) raises the target price to $1.00

Bellatrix Exploration Ltd (NYSE:BXE) had its target price raised to $1.00 by Zacks Investment Research in a report released 10/11/2016. The new target price indicates a possible upside of 0.16% based on the company's last closing price.

Yesterday Bellatrix Exploration Ltd (NYSE:BXE) traded -2.87% lower at $0.86. The company’s 50-day moving average is $0.85 and its 200-day moving average is $0.96. The last closing price is down -10.67% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 208,623 shares of the stock were exchanged, down from an average trading volume of 593,035

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Bellatrix Exploration Ltd (NYSE:BXE)

Bellatrix Exploration Ltd has a 52 week low of $0.75 and a one year high of $2.13 BXE’s total market value is presently $0.

Brief Synopsis About Bellatrix Exploration Ltd (NYSE:BXE)

Bellatrix Exploration Ltd. is an oil and gas exploration company engaged in the exploration for, and the acquisition, development and production of oil and natural gas reserves in the provinces of Alberta, British Columbia and Saskatchewan. The Company's properties include Ferrier, Willesden Green, Greater Pembina, Strachan and Harmattan. Ferrier is located over 30 kilometers northwest of Rocky Mountain House, Alberta. The Ferrier and Alder Flats areas produce natural gas and natural gas liquids from the Belly River, Cardium, Notikewin, Falher and Rock Creek zones at depths ranging from 1,800 to 2,700 meters. The Willesden Green area is located approximately 40 kilometers north of Rocky Mountain House, Alberta. Pembina is located over 20 kilometers west of Drayton Valley, Alberta. Strachan is located approximately 10 kilometers south of Rocky Mountain House, Alberta. Harmattan is located approximately 80 kilometers northwest of Calgary near the town of Sundre, Alberta.

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