StockNews.com initiated coverage on shares of Mexco Energy (NYSE:MXC – Free Report) in a report issued on Friday morning. The firm issued a hold rating on the stock.
Mexco Energy Stock Performance
NYSE:MXC opened at $11.65 on Friday. Mexco Energy has a 52 week low of $9.41 and a 52 week high of $16.52. The firm’s fifty day moving average is $11.73 and its 200-day moving average is $11.91. The firm has a market cap of $23.87 million, a P/E ratio of 20.43 and a beta of 0.55.
Mexco Energy (NYSE:MXC – Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.15 EPS for the quarter. Mexco Energy had a net margin of 17.59% and a return on equity of 6.94%. The business had revenue of $1.75 million for the quarter.
About Mexco Energy
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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