Mexco Energy (NYSE:MXC) Research Coverage Started at StockNews.com

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

Mexco Energy Stock Up 2.4 %

MXC opened at $11.50 on Friday. The stock has a market cap of $23.53 million, a price-to-earnings ratio of 20.18 and a beta of 0.54. Mexco Energy has a 12-month low of $9.02 and a 12-month high of $16.52. The business has a 50 day moving average of $12.07 and a 200-day moving average of $11.87.

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.