Energy XXI Gulf Coast Inc (NASDAQ:EXXI) shares rose 0.2% during mid-day trading on Tuesday . The stock traded as high as $6.28 and last traded at $5.74. Approximately 287,900 shares were traded during trading, an increase of 19% from the average daily volume of 241,984 shares. The stock had previously closed at $5.75.
Separately, ValuEngine cut shares of Energy XXI Gulf Coast from a “sell” rating to a “strong sell” rating in a report on Tuesday, December 5th.
The company has a debt-to-equity ratio of 0.21, a current ratio of 1.38 and a quick ratio of 1.38.
A number of institutional investors and hedge funds have recently modified their holdings of the business. Legal & General Group Plc acquired a new position in Energy XXI Gulf Coast during the second quarter worth about $138,000. Strs Ohio acquired a new position in Energy XXI Gulf Coast during the second quarter worth about $159,000. Wells Fargo & Company MN grew its position in Energy XXI Gulf Coast by 46.6% during the third quarter. Wells Fargo & Company MN now owns 32,529 shares of the oil and gas producer’s stock worth $337,000 after buying an additional 10,335 shares during the period. SG Americas Securities LLC acquired a new position in Energy XXI Gulf Coast during the third quarter worth about $109,000. Finally, Goldman Sachs Group Inc. acquired a new position in Energy XXI Gulf Coast during the second quarter worth about $221,000. Institutional investors own 80.56% of the company’s stock.
About Energy XXI Gulf Coast
Energy XXI Gulf Coast, Inc (EGC) is an independent oil and natural gas development and production company which was focused on development drilling on the Company’s core properties. The Company’s properties are located in the United States Gulf of Mexico waters and the Gulf Coast onshore.
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