Mexco Energy (NYSE:MXC) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Mexco Energy (NYSE:MXC) in a research note issued to investors on Monday. The firm set a “hold” rating on the stock.

Mexco Energy Stock Performance

NYSE:MXC opened at $11.52 on Monday. The stock has a market cap of $23.57 million, a price-to-earnings ratio of 20.21 and a beta of 0.54. Mexco Energy has a one year low of $9.02 and a one year high of $16.52. The business’s 50-day simple moving average is $11.64 and its 200 day simple moving average is $11.82.

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.