Investment analysts at StockNews.com began coverage on shares of Mexco Energy (NYSE:MXC – Get Free Report) in a research note issued to investors on Saturday. The firm set a “hold” rating on the stock.
Mexco Energy Trading Down 1.3 %
MXC opened at $13.23 on Friday. The company’s fifty day moving average price is $12.70 and its two-hundred day moving average price is $9.49. Mexco Energy has a 1-year low of $10.30 and a 1-year high of $19.39. The company has a market cap of $28.13 million, a price-to-earnings ratio of 7.64 and a beta of 1.19.
Mexco Energy (NYSE:MXC – Get Free Report) last posted its earnings results on Thursday, August 10th. The company reported $0.21 earnings per share (EPS) for the quarter. Mexco Energy had a net margin of 43.26% and a return on equity of 23.66%. The firm had revenue of $1.75 million during the quarter.
Hedge Funds Weigh In On Mexco Energy
About Mexco Energy
Mexco Energy Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of natural gas, crude oil, condensate, and natural gas liquids in the United States. It owns partial interests in approximately 6,400 gross producing wells located in the states of Texas, New Mexico, Oklahoma, Louisiana, Alabama, Mississippi, Arkansas, Wyoming, Kansas, Colorado, Montana, Virginia, North Dakota, and Ohio.
- Five stocks we like better than Mexco Energy
- How to Buy Metaverse Stock Step by Step
- China’s Jump In Car Sales Is Drawing Big Money To These Stocks
- How to Find Undervalued Stocks
- 3 Reasons Price Weakness Is a Buying Opportunity For Lennar
- What are stock market earnings reports?
- Name A Better Trio Than These Underrated High Potential Stocks
Receive News & Ratings for Mexco Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mexco Energy and related companies with MarketBeat.com's FREE daily email newsletter.