Wednesday, November 10, 2010 3:33:49 PM
Financial, Inc. (BEXP,RFJ))
Nov 10, 2010 (SmarTrend News Watch via COMTEX) -- Brigham Exploration Co.'s
(NASDAQ:BEXP) rating was lowered by Raymond James Financial, Inc. (NYSE:RJF) on
Wednesday, from Strong Buy to Outperform, reports StreetInsider.com.
Brigham Exploration, an independent exploration and production company, applies
3-D seismic imaging and other technologies to explore and develop onshore
domestic natural gas and oil resources.
The company's exploration activities are concentrated primarily in the Anadarko
Basin, the Gulf Coast, the Williston Basin, and the west Texas region of the
United States.
Brigham Exploration is currently above its 50-day moving average (MA) of $19.07
and above its 200-day of $17.32.
In the last five trading sessions, the 50-day MA has climbed 3.78% while the
200-day MA has risen 1.42%.
Shares of the firm are trading up 2.82% at $24.06.
All of my posts are my own opinion. Always perform your own due diligence on every investment you are considering, or contact your licensed investment adviser.
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