Mexco Energy Corp (NYSEAMERICAN: MXC) stock closed at $12.95 on 8/20/24 after a major increase of 15.4%. Moreover, trading volume in this advance was exceptionally high at 984% of normal. The stock has risen 4.4% during the last week and has been strong relative to the market over the last nine months.
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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Mexco Energy has a poor Appreciation Score of 24 but a good Power Rating of 71, leading to 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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