StockNews.com Begins Coverage on Mexco Energy (NYSE:MXC)

Investment analysts at StockNews.com began coverage on shares of Mexco Energy (NYSE:MXCGet Free Report) in a research report issued to clients and investors on Wednesday. The brokerage set a “hold” rating on the stock.

Mexco Energy Price Performance

Mexco Energy stock opened at $13.16 on Wednesday. The stock’s 50-day moving average is $11.77 and its 200-day moving average is $11.91. The company has a market cap of $26.97 million, a price-to-earnings ratio of 23.08 and a beta of 0.56. Mexco Energy has a 12 month low of $9.41 and a 12 month high of $16.52.

Mexco Energy (NYSE:MXCGet Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.15 earnings per share (EPS) for the quarter. Mexco Energy had a return on equity of 6.94% and a net margin of 17.59%. The company had revenue of $1.75 million for the quarter.

Mexco Energy Company Profile

(Get Free Report)

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.

Further Reading

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