Could PHX Energy Services Corp Gain Strenght? The Stock Reaches 52-Week Low

 Could PHX Energy Services Corp Gain Strenght? The Stock Reaches 52 Week Low

The stock of PHX Energy Services Corp (TSE:PHX) is a huge mover today! About 56,368 shares traded hands. PHX Energy Services Corp (TSE:PHX) has risen 78.44% since March 24, 2016 and is uptrending. It has outperformed by 74.97% the S&P500.
The move comes after 8 months negative chart setup for the $185.70 million company. It was reported on Oct, 31 by Barchart.com. We have $3.33 PT which if reached, will make TSE:PHX worth $18.57M less.

PHX Energy Services Corp (TSE:PHX) Ratings Coverage

Out of 3 analysts covering Phoenix Energy Services Corp (TSE:PHX), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Phoenix Energy Services Corp has been the topic of 7 analyst reports since October 9, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Tuesday, August 30 by Scotia Capital. Scotia Capital downgraded the stock to “Sector Underperform” rating in Friday, October 9 report.

More news for PHX Energy Services Corp (TSE:PHX) were recently published by: Marketwired.com, which released: “PHX Energy Services Corp. Enters Into Bought Deal Financing” on June 08, 2016. Marketwired.com‘s article titled: “PHX Energy Services Corp. Announces Officer Appointments” and published on March 17, 2015 is yet another important article.

PHX Energy Services Corp. is a Canada company, which provides horizontal and directional drilling technology and services. The company has a market cap of $185.70 million. The Firm offers its services to oil and natural gas producing companies in the Canadian provinces of Alberta, Saskatchewan, British Columbia and Manitoba; across the Gulf Coast, Northeast and Rocky Mountain regions of the United States, and internationally, primarily in Albania and Russia. It currently has negative earnings. The Company’s divisions include Canada, United States and International.

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