Bellatrix Exploration (TSE:BXE) Shares Down 5%

Bellatrix Exploration Ltd (TSE:BXE) (NYSE:BXE) was down 5% on Monday . The stock traded as low as C$0.37 and last traded at C$0.38. 81,610 shares were traded during 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 Price Performance

The business has a 50 day simple moving average of C$0.38. The company has a quick ratio of 0.30, a current ratio of 0.34 and a debt-to-equity ratio of 58.29. The stock has a market capitalization of C$15.53 million and a P/E ratio of -0.03.

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.