On 8/7/24, Mexco Energy Corp (NYSEAMERICAN: MXC) stock enjoyed a major increase of 12.6%, closing at $12.95. Moreover, exceptionally high trading volume at 699% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 28.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, MXC is expected to continue to be a Value Builder.
Mexco Energy has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Mexco Energy has a poor Appreciation Score of 25 but a slightly positive Power Rating of 63, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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