StockNews.com Begins Coverage on Mexco Energy (NYSE:MXC)

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

Mexco Energy Price Performance

NYSE:MXC opened at $11.50 on Friday. Mexco Energy has a one year low of $9.02 and a one year high of $16.52. The company has a fifty day moving average price of $12.07 and a 200 day moving average price of $11.87. The stock has a market cap of $23.53 million, a P/E ratio of 20.18 and a beta of 0.54.

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.