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FX Energy (FXEN) Surges: Stock Moves 19.1% Higher

Zacks Equity Research

FX Energy Inc. (FXEN) was a big mover last session, as the company saw its shares rise by over 19% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $3.24 to $3.71 in the past one-month time frame.

This oil & gas drilling & exploration company has seen one negative estimate revision over the past 30 days while its Zacks Consensus Estimate has moved down over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

FX Energy currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same sector include Vermilion Energy Inc. (VET), Kosmos Energy Ltd. (KOS) and BPZ Resources, Inc. (BPZ). While Vermilion Energy and Kosmos Energy hold a Zacks Rank #1 (Strong Buy), BPZ Resources carries a Zacks Rank #2 (Buy).

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FX ENERGY INC (FXEN): Free Stock Analysis Report

VERMILION ENERGY INC (VET): Free Stock Analysis Report

KOSMOS ENERGY LTD (KOS): Free Stock Analysis Report

BPZ RESOURCES INC (BPZ): Free Stock Analysis Report

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