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

PHX Energy Services Corp. (TSE:PHX) insider Craig Brown sold 75,000 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of C$7.79, for a total value of C$584,250.00. Following the sale, the insider directly 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%

Shares of TSE:PHX opened at C$7.87 on Friday. The company has a market capitalization of C$355.55 million, a P/E ratio of 6.90 and a beta of 1.24. PHX Energy Services Corp. has a 1 year low of C$6.64 and a 1 year high of C$10.10. The company has a debt-to-equity ratio of 25.99, a current ratio of 1.67 and a quick ratio of 1.25. The business’s 50 day simple moving average is C$7.78 and its 200 day simple moving average is C$8.04.

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.