Stock analysts at StockNews.com began coverage on shares of Mexco Energy (NYSE:MXC – Get Free Report) in a report released on Thursday. The firm set a “hold” rating on the stock.
Mexco Energy Trading Down 2.0 %
NYSE MXC opened at $11.56 on Thursday. The business’s 50 day moving average is $11.76 and its two-hundred day moving average is $11.93. The stock has a market capitalization of $23.70 million, a price-to-earnings ratio of 20.28 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:MXC – Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.15 EPS for the quarter. Mexco Energy had a net margin of 17.59% and a return on equity of 6.94%. The firm had revenue of $1.75 million during the quarter.
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.
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