Meixler Investment Management Ltd. Sells 1,200 Shares of Mexco Energy Co. (NYSE:MXC)

Meixler Investment Management Ltd. lessened its holdings in shares of Mexco Energy Co. (NYSE:MXC) by 5.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 21,231 shares of the company’s stock after selling 1,200 shares during the period. Meixler Investment Management Ltd.’s holdings in Mexco Energy were worth $239,000 as of its most recent SEC filing.

Mexco Energy Price Performance

MXC opened at $11.55 on Friday. The stock has a 50-day moving average price of $11.73 and a 200-day moving average price of $11.94. The firm has a market cap of $23.67 million, a PE ratio of 20.19 and a beta of 0.55. Mexco Energy Co. has a 1 year low of $9.41 and a 1 year high of $16.52.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Mexco Energy in a research report on Saturday. They issued a “hold” rating for the company.

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.