Rex Energy Corporation (REXX) Drops 15.88% on January 11

Equities Staff |

Rex Energy Corporation (REXX) was one of the Russell 2000's biggest losers for Monday January 11 as the stock slid 15.88% to $0.85, a loss of $-0.1604 per share. Starting at an opening price of $0.98 a share, the stock traded between $0.83 and $1.01 over the course of the trading day. Volume was 1.59 million shares over 3,188 trades, against an average daily volume of 2.14 million shares and a total float of 55.74 million.

The losses send Rex Energy Corporation down to a market cap of $47.35 million. In the last year, Rex Energy Corporation has traded between $5.74 and $0.83, and its 50-day SMA is currently $1.53 and 200-day SMA is $3.20.

Rex Energy Corp is an independent energy company. The Company is engaged in acquisition, production, exploration and development of oil and gas with properties concentrated in the Appalachian and Illinois regions.

Rex Energy Corporation is based out of State College, PA and has some 320 employees. Its CEO is Thomas C. Stabley.

For a complete fundamental analysis analysis of Rex Energy Corporation, check out Equities.com’s Stock Valuation Analysis report for REXX. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

IBC Advanced Alloys Corp.

IBC Advanced Alloys Corp is engaged in the production and development of specialty alloy products. Its products include copper alloys and berryllium aluminium alloys.

Private Markets

Trustify

Trustify provides trust and safety in both the digital and physical worlds through our vast network of on-demand Private Investigators.By removing the large retainers and high hourly rates that traditional…

Snapwire

A peer-to-Peer authentic photo marketplace disrupting the $10B commercial photography industry.