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FX Energy (FXEN) in Focus: Stocks Moves 9.9% Higher

FX Energy Inc . FXEN was a big mover last session, as the company saw its shares rise nearly 10% on the day. Shares moved up after the company announced that drilling, coring, logging and testing of the Miloslaw-4k well have been completed. This led to 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 $0.90 to $1.01 since Sep 17.

None of the estimates for this International E&P stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Friday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

FX Energy carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

However, a better-ranked stock in the same space is Beach Energy Limited BCHEY , sporting a Zacks Rank #1 (Strong Buy).

Is FXEN going up? Or down? Predict to see what others think: Up or Down

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BEACH ENERGY LT (BCHEY): Free Stock Analysis Report

FX ENERGY INC (FXEN): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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