Mexco Energy (NYSE:MXC) Coverage Initiated by Analysts at StockNews.com

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

Mexco Energy Stock Up 2.6 %

NYSE:MXC opened at $11.20 on Friday. Mexco Energy has a 52 week low of $9.02 and a 52 week high of $16.52. The stock has a market cap of $22.96 million, a price-to-earnings ratio of 20.18 and a beta of 0.54. The company’s 50 day moving average price is $11.85 and its 200-day moving average price is $11.84.

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.