StockNews.com started coverage on shares of Mexco Energy (NYSE:MXC – Free Report) in a research note released on Thursday morning. The firm issued a hold rating on the stock.
Mexco Energy Price Performance
NYSE MXC opened at $10.90 on Thursday. The firm has a market capitalization of $22.78 million, a price-to-earnings ratio of 17.87 and a beta of 0.54. The company’s fifty day moving average is $11.50 and its two-hundred day moving average is $11.27. 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 released its quarterly earnings data on Thursday, June 27th. The company reported $0.12 EPS for the quarter. The company had revenue of $1.79 million during the quarter. Mexco Energy had a net margin of 20.37% and a return on equity of 7.76%.
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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