Mexco Energy (NYSE:MXC) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Mexco Energy (NYSE:MXC) in a research report sent to investors on Monday. The brokerage issued a hold rating on the stock.

Mexco Energy Stock Performance

NYSE MXC opened at $13.18 on Monday. The company’s 50-day simple moving average is $11.64 and its two-hundred day simple moving average is $11.83. Mexco Energy has a one year low of $9.41 and a one year high of $16.52. The company has a market capitalization of $26.97 million, a price-to-earnings ratio of 23.12 and a beta of 0.56.

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.