PHX Energy Services (TSE:PHX) Reaches New 52-Week Low – What’s Next?

PHX Energy Services Corp. (TSE:PHXGet Free Report)’s share price hit a new 52-week low on Monday . The company traded as low as C$8.41 and last traded at C$8.46, with a volume of 28329 shares traded. The stock had previously closed at C$8.68.

PHX Energy Services Stock Performance

The stock has a market capitalization of C$386.77 million, a P/E ratio of 5.33 and a beta of 2.32. The company has a current ratio of 1.67, a quick ratio of 1.25 and a debt-to-equity ratio of 25.99. The company has a 50-day moving average price of C$9.24 and a two-hundred day moving average price of C$9.46.

PHX Energy Services Company Profile

(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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