Insider Buying: PHX Energy Services Corp (PHX) Director Buys C$17,100.00 in Stock
PHX Energy Services Corp (TSE:PHX) Director Myron Arthur Tetreault purchased 10,000 shares of the business’s stock in a transaction dated Wednesday, August 16th. The shares were purchased at an average price of C$1.71 per share, for a total transaction of C$17,100.00.
PHX Energy Services Corp (TSE PHX) remained flat at $1.79 during midday trading on Monday. 6,840 shares of the company traded hands. The company’s market cap is $104.87 million. The stock has a 50 day moving average of $2.01 and a 200 day moving average of $2.99. PHX Energy Services Corp has a 12 month low of $1.64 and a 12 month high of $4.44.
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Separately, Scotiabank cut their price target on shares of PHX Energy Services Corp from C$6.50 to C$6.00 and set an “outperform” rating on the stock in a report on Thursday, May 4th.
PHX Energy Services Corp Company Profile
PHX Energy Services Corp., through its subsidiaries, provides horizontal and directional drilling technology and services to oil and natural gas producing companies in Canada, the United States, Albania, and the Russian Federation. The company offers Velocity Real-Time, E-360 measurement while drilling (MWD), P-360 positive pulse MWD, 360 resistivity while drilling, and 360 clear vision MWD systems, as well as performance drilling motor rental services.
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