Analysts at StockNews.com assumed coverage on shares of Mexco Energy (NYSE:MXC – Get Free Report) in a report issued on Thursday. The firm set a “hold” rating on the stock.
Mexco Energy Stock Performance
Shares of MXC stock opened at $13.20 on Thursday. The stock has a market cap of $27.59 million, a price-to-earnings ratio of 21.64 and a beta of 0.53. The firm has a fifty day moving average of $11.73 and a 200-day moving average of $11.76. Mexco Energy has a 52-week low of $9.02 and a 52-week high of $16.52.
Mexco Energy (NYSE:MXC – Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported $0.14 earnings per share (EPS) for the quarter. The business had revenue of $1.73 million during the quarter. Mexco Energy had a net margin of 17.77% and a return on equity of 6.70%.
Institutional Investors Weigh In On Mexco Energy
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.
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