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

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

Mexco Energy Price Performance

Shares of MXC stock opened at $12.05 on Monday. The company has a market capitalization of $24.65 million, a PE ratio of 21.14 and a beta of 0.56. The firm’s 50-day moving average is $11.63 and its two-hundred day moving average is $11.83. Mexco Energy has a 12 month low of $9.41 and a 12 month high of $16.52.

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.