Craig Brown Sells 75,000 Shares of PHX Energy Services (TSE:PHX) Stock

PHX Energy Services Corp. (TSE:PHX) insider Craig Brown sold 75,000 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of C$7.79, for a total transaction of C$584,250.00. Following the sale, the insider owned 129,633 shares in the company, valued at C$1,009,841.07. This represents a 36.65% decrease in their position.

PHX Energy Services Trading Up 1.2%

PHX Energy Services stock opened at C$7.87 on Friday. The company has a 50 day moving average price of C$7.78 and a 200 day moving average price of C$8.04. PHX Energy Services Corp. has a 52 week low of C$6.64 and a 52 week high of C$10.10. 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 firm has a market capitalization of C$355.55 million, a price-to-earnings ratio of 6.90 and a beta of 1.24.

About PHX Energy Services

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.