Mexco Energy (NYSE:MXC) Coverage Initiated by Analysts at StockNews.com

Equities researchers at StockNews.com began coverage on shares of Mexco Energy (NYSE:MXC) in a report released on Monday. The firm set a “hold” rating on the stock.

Mexco Energy Stock Performance

NYSE MXC opened at $12.14 on Monday. Mexco Energy has a 1 year low of $9.41 and a 1 year high of $16.52. The business’s fifty day moving average is $11.64 and its two-hundred day moving average is $11.83. The stock has a market capitalization of $24.84 million, a P/E ratio of 21.30 and a beta of 0.56.

Mexco Energy Company Profile

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.