PHX Energy Services Corp. (TSE:PHX - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$9.61 and traded as high as C$9.62. PHX Energy Services shares last traded at C$9.56, with a volume of 42,283 shares changing hands.
Wall Street Analyst Weigh In
Separately, ATB Capital reduced their target price on shares of PHX Energy Services from C$11.75 to C$11.50 in a report on Thursday, November 7th.
Get Our Latest Analysis on PHX Energy Services
PHX Energy Services Stock Performance
The company has a 50-day moving average of C$9.49 and a 200-day moving average of C$9.62. The firm has a market capitalization of C$445.29 million, a P/E ratio of 5.23 and a beta of 2.32. The company has a current ratio of 1.62, a quick ratio of 1.25 and a debt-to-equity ratio of 20.51.
Insider Transactions at PHX Energy Services
In other news, Senior Officer Cameron Michael Ritchie sold 50,000 shares of the stock in a transaction on Thursday, November 7th. The shares were sold at an average price of C$9.85, for a total transaction of C$492,250.00. 11.86% of the stock is owned by corporate insiders.
PHX Energy Services Company Profile
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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.
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