PHX Energy Services Corp’s Trend Down, Especially After Today’s Weak Session

 PHX Energy Services Corp's Trend Down, Especially After Today's Weak Session

The stock of PHX Energy Services Corp (TSE:PHX) is a huge mover today! About 38,003 shares traded hands. PHX Energy Services Corp (TSE:PHX) has risen 69.16% since April 8, 2016 and is uptrending. It has outperformed by 64.18% the S&P500.
The move comes after 7 months negative chart setup for the $175.62M company. It was reported on Nov, 14 by Barchart.com. We have $3.12 PT which if reached, will make TSE:PHX worth $21.07M 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. Scotia Capital downgraded PHX Energy Services Corp (TSE:PHX) on Friday, October 9 to “Sector Underperform” rating. The stock of PHX Energy Services Corp (TSE:PHX) earned “Outperform” rating by Scotia Capital on Tuesday, August 30.

More recent PHX Energy Services Corp (TSE:PHX) news were published by: Marketwired.com which released: “PHX Energy Services Corp. Enters Into Bought Deal Financing” on June 08, 2016. Also Marketwired.com published the news titled: “PHX Energy Services Corp. Announces Officer Appointments” on March 17, 2015. Marketwired.com‘s news article titled: “PHX Energy Services Corp. Enters Into an Agreement to Acquire RMS Systems Inc.” with publication date: September 26, 2013 was also an interesting one.

PHX Energy Services Corp. is a Canada company, which provides horizontal and directional drilling technology and services. The company has a market cap of $175.62 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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