Mexco Energy (NYSE:MXC) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Mexco Energy (NYSE:MXC) in a research report report published on Monday morning. The firm issued a hold rating on the stock.

Mexco Energy Stock Performance

Shares of Mexco Energy stock opened at $10.17 on Monday. Mexco Energy has a 52-week low of $9.41 and a 52-week high of $16.52. The stock has a market capitalization of $20.81 million, a price-to-earnings ratio of 16.14 and a beta of 0.55. The company’s 50 day moving average price is $11.76 and its 200-day moving average price is $11.92.

Institutional Trading of Mexco Energy

An institutional investor recently bought a new position in Mexco Energy stock. Beddow Capital Management Inc. purchased a new position in Mexco Energy Co. (NYSE:MXC) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 10,033 shares of the company’s stock, valued at approximately $113,000. Beddow Capital Management Inc. owned 0.49% of Mexco Energy as of its most recent SEC filing. 5.89% of the stock is owned by institutional investors.

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.