Bellatrix Exploration (TSE:BXE) Trading Down 5% – Here’s What Happened

Bellatrix Exploration Ltd (TSE:BXE) (NYSE:BXE) fell 5% during mid-day trading on Monday . The company traded as low as C$0.37 and last traded at C$0.38. 81,610 shares traded hands during 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 Stock Down 5.0 %

The firm has a market capitalization of C$15.53 million and a P/E 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 company has a 50-day moving average price of C$0.38.

Bellatrix Exploration Company Profile

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.