Mexco Energy Co. (NYSE:MXC - Get Free Report) President Tammy Mccomic sold 6,606 shares of the stock in a transaction dated Tuesday, April 2nd. The shares were sold at an average price of $13.52, for a total transaction of $89,313.12. Following the completion of the sale, the president now owns 59,859 shares of the company's stock, valued at $809,293.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Tammy Mccomic also recently made the following trade(s):
- On Thursday, April 4th, Tammy Mccomic sold 394 shares of Mexco Energy stock. The shares were sold at an average price of $12.04, for a total transaction of $4,743.76.
Mexco Energy Stock Performance
NYSE MXC opened at $12.69 on Friday. The stock's fifty day moving average is $10.18 and its two-hundred day moving average is $10.89. The firm has a market capitalization of $26.65 million, a P/E ratio of 13.90 and a beta of 0.69. Mexco Energy Co. has a fifty-two week low of $9.02 and a fifty-two week high of $14.47.
Mexco Energy (NYSE:MXC - Get Free Report) last announced its quarterly earnings results on Friday, February 9th. The company reported $0.16 earnings per share for the quarter. Mexco Energy had a net margin of 28.37% and a return on equity of 11.61%. The firm had revenue of $1.66 million for the quarter.
Institutional Trading of Mexco Energy
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Several hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in shares of Mexco Energy by 2.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 40,321 shares of the company's stock valued at $503,000 after buying an additional 957 shares during the period. Renaissance Technologies LLC grew its position in Mexco Energy by 15.2% in the first quarter. Renaissance Technologies LLC now owns 19,000 shares of the company's stock worth $308,000 after acquiring an additional 2,500 shares during the period. Finally, Vanguard Group Inc. increased its stake in Mexco Energy by 270.3% during the first quarter. Vanguard Group Inc. now owns 61,108 shares of the company's stock worth $990,000 after acquiring an additional 44,605 shares during the last quarter. Hedge funds and other institutional investors own 5.89% of the company's stock.
Analysts Set New Price Targets
Separately, StockNews.com started coverage on Mexco Energy in a report on Wednesday. They set a "hold" rating on the stock.
Check Out Our Latest Report on Mexco Energy
About Mexco Energy
(
Get Free Report)
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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