Beddow Capital Management Inc. Invests $113,000 in Mexco Energy Co. (NYSE:MXC)

Beddow Capital Management Inc. purchased a new position in shares of Mexco Energy Co. (NYSE:MXC) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 10,033 shares of the company’s stock, valued at approximately $113,000. Beddow Capital Management Inc. owned about 0.49% of Mexco Energy as of its most recent SEC filing.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Mexco Energy in a research note on Wednesday. They set a “hold” rating for the company.

Mexco Energy Trading Down 7.5 %

Mexco Energy stock opened at $8.40 on Friday. Mexco Energy Co. has a 1-year low of $8.35 and a 1-year high of $16.52. The firm has a market capitalization of $17.19 million, a price-to-earnings ratio of 13.33 and a beta of 0.53. The firm has a 50 day simple moving average of $11.18 and a 200 day simple moving average of $11.69.

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.