StockNews.com began coverage on shares of Mexco Energy (NYSE:MXC – Free Report) in a research report sent to investors on Tuesday. The brokerage issued a hold rating on the stock.
Mexco Energy Price Performance
NYSE:MXC opened at $11.74 on Tuesday. The firm has a market capitalization of $24.54 million, a PE ratio of 19.25 and a beta of 0.53. The business’s fifty day moving average price is $11.64 and its 200 day moving average price is $11.62. Mexco Energy has a 12 month low of $9.02 and a 12 month high of $16.52.
Mexco Energy (NYSE:MXC – Get Free Report) last posted its earnings results on Thursday, August 8th. The company reported $0.14 EPS for the quarter. The firm had revenue of $1.73 million for the quarter. Mexco Energy had a return on equity of 6.70% and a net margin of 17.77%.
Hedge Funds 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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