Insider Selling: Mexco Energy Co. (NYSEAMERICAN:MXC) Director Sells 5,000 Shares of Stock

Mexco Energy Co. (NYSEAMERICAN:MXC) Director Thomas H. Decker sold 5,000 shares of the stock in a transaction that occurred on Monday, February 22nd. The shares were sold at an average price of $10.61, for a total value of $53,050.00. Following the transaction, the director now owns 23,100 shares of the company’s stock, valued at $245,091. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

MXC stock traded down $0.36 during midday trading on Tuesday, reaching $9.46. The company’s stock had a trading volume of 285 shares, compared to its average volume of 237,061. The stock has a market cap of $19.60 million, a price-to-earnings ratio of -65.46 and a beta of 1.73. The company has a quick ratio of 2.44, a current ratio of 2.44 and a debt-to-equity ratio of 0.15. Mexco Energy Co. has a 1 year low of $1.53 and a 1 year high of $14.63. The company’s fifty day moving average price is $5.76.

Separately, TheStreet upgraded Mexco Energy from a “d+” rating to a “c” rating in a research note on Tuesday, December 8th.

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 6,300 producing wells located in the states of Texas, New Mexico, Oklahoma, Louisiana, Ohio, Alabama, Mississippi, Arkansas, Wyoming, Kansas, Colorado, Montana, Virginia, and North Dakota.

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Insider Buying and Selling by Quarter for Mexco Energy (NYSEAMERICAN:MXC)

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