PhenixFIN Co. (NYSE:PFX - Get Free Report)'s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $47.94 and traded as high as $50.64. PhenixFIN shares last traded at $50.64, with a volume of 2,309 shares changing hands.
PhenixFIN Stock Performance
The company has a fifty day moving average price of $47.97 and a 200 day moving average price of $47.45. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.75 and a quick ratio of 1.75. The stock has a market cap of $102.29 million, a P/E ratio of 5.26 and a beta of 1.02.
Insider Buying and Selling at PhenixFIN
In related news, CEO David A. Lorber bought 12,871 shares of the company's stock in a transaction dated Wednesday, December 18th. The shares were bought at an average price of $48.05 per share, for a total transaction of $618,451.55. Following the completion of the acquisition, the chief executive officer now directly owns 138,854 shares of the company's stock, valued at $6,671,934.70. This trade represents a 10.22 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 22.40% of the company's stock.
PhenixFIN Company Profile
(
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PhenixFIN Corporation is a business development company. The firm seeks to invest in privately negotiated debt and equity securities of small and middle market companies. It primarily invests in the following sectors: business services; buildings and real estate; automobile; oil and gas; aerospace and defense; home and office furnishings, housewares, and durable consumer products; healthcare, education and childcare; personal, food, and miscellaneous services; retail stores, diversified or conglomerate manufacturing; telecommunications; mining, steel, iron, and non-precious metals; leisure, amusement, motion pictures, and entertainment; chemicals, plastics, and rubber; finance; personal and nondurable consumer products (manufacturing only); beverage, food, and tobacco; containers, packaging, and glass; structure finance securities; machinery (non-agriculture, non-construction, non-electric); diversified or conglomerate service; restaurant and franchise; electronics; and cargo transport.
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