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PHX Energy Services (TSE:PHX) Reaches New 12-Month Low - What's Next?

PHX Energy Services logo with Energy background
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PHX Energy Services Corp. (TSE:PHX - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$8.41 and last traded at C$8.46, with a volume of 28329 shares changing hands. The stock had previously closed at C$8.68.

PHX Energy Services Stock Up 1.6 %

The firm has a fifty day simple moving average of C$9.17 and a 200-day simple moving average of C$9.42. The firm has a market cap of C$395.43 million, a price-to-earnings ratio of 5.45 and a beta of 2.32. The company has a debt-to-equity ratio of 25.99, a quick ratio of 1.25 and a current ratio of 1.67.

About PHX Energy Services

(Get Free Report)

PHX Energy Services Corp is a Canadian service provider company. It is principally engaged in providing horizontal and directional drilling services, as well as web-based remote electronic drilling recorder technology and services, to oil and natural gas exploration and development companies in Canada, United States, Albania, and Russia.

Further Reading

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