Mexco Energy (NYSE:MXC) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Mexco Energy (NYSE:MXC) in a research report sent to investors on Tuesday. The firm issued a hold rating on the stock.

Mexco Energy Stock Down 5.1 %

Mexco Energy stock opened at $12.01 on Tuesday. The stock has a 50-day simple moving average of $11.77 and a 200 day simple moving average of $11.90. Mexco Energy has a 12-month low of $9.41 and a 12-month high of $16.52. The stock has a market capitalization of $24.62 million, a price-to-earnings ratio of 21.07 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.