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

StockNews.com initiated coverage on shares of Mexco Energy (NYSE:MXC) in a report issued on Friday. The firm issued a hold rating on the stock.

Mexco Energy Stock Performance

NYSE MXC opened at $11.17 on Friday. The firm’s 50 day moving average price is $12.07 and its two-hundred day moving average price is $11.87. The stock has a market cap of $22.85 million, a price-to-earnings ratio of 19.60 and a beta of 0.54. Mexco Energy has a twelve month low of $9.02 and a twelve month high of $16.52.

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.