PHX Energy Services (TSE:PHX) Stock Price Passes Below 200 Day Moving Average - What's Next?

PHX Energy Services Corp. (TSE:PHX - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$9.62 and traded as low as C$9.16. PHX Energy Services shares last traded at C$9.16, with a volume of 24,115 shares changing hands.

Analyst Ratings Changes

Separately, ATB Capital dropped their price target on shares of PHX Energy Services from C$11.75 to C$11.50 in a research report on Thursday, November 7th.

PHX Energy Services Trading Up 0.2 %

The firm has a fifty day moving average price of C$9.36 and a 200-day moving average price of C$9.59. The company has a debt-to-equity ratio of 25.99, a quick ratio of 1.25 and a current ratio of 1.67. The company has a market capitalization of C$415.96 million, a price-to-earnings ratio of 5.73 and a beta of 2.32.

PHX Energy Services Company Profile

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.