Bellatrix Exploration (TSE:BXE) Stock Price Down 5%

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

Bellatrix Exploration Trading Down 5.0 %

The company has a market capitalization of C$15.53 million and a PE ratio of -0.03. The company has a debt-to-equity ratio of 58.29, a current ratio of 0.34 and a quick ratio of 0.30. The firm’s 50-day 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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