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

Stock analysts at StockNews.com assumed coverage on shares of Mexco Energy (NYSE:MXC) in a report released on Thursday. The brokerage set a “hold” rating on the stock.

Mexco Energy Stock Performance

Shares of MXC opened at $11.82 on Thursday. Mexco Energy has a fifty-two week low of $9.41 and a fifty-two week high of $16.52. The firm has a 50-day simple moving average of $11.74 and a 200-day simple moving average of $11.92. The company has a market capitalization of $24.19 million, a price-to-earnings ratio of 20.74 and a beta of 0.56.

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

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.