Share on StockTwits

Bellatrix Exploration (NYSE:BXE) was the recipient of a large increase in short interest during the month of June. As of June 13th, there was short interest totalling 327,591 shares, an increase of 134.0% from the May 30th total of 140,008 shares, Analyst Ratings Network reports. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 486,302 shares, the short-interest ratio is presently 0.7 days.

Separately, analysts at CIBC reiterated a “sector perform” rating on shares of Bellatrix Exploration in a research note on Tuesday, April 15th. They now have a $11.50 price target on the stock.

Shares of Bellatrix Exploration (NYSE:BXE) opened at 8.40 on Wednesday. Bellatrix Exploration has a one year low of $5.18 and a one year high of $10.70. The stock has a 50-day moving average of $9.02 and a 200-day moving average of $8.19. The company has a market cap of $1.453 billion and a price-to-earnings ratio of 13.23.

Bellatrix Exploration (NYSE:BXE) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.16 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.15 by $0.01. Analysts expect that Bellatrix Exploration will post $0.71 EPS for the current fiscal year.

Bellatrix Exploration Ltd. (NYSE:BXE) is a Canada-based oil and gas company.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.