Is Buying Stock Like PHX Energy Services Corp After Such Increase Winning Strategy?

 Is Buying Stock Like PHX Energy Services Corp After Such Increase Winning Strategy?

The stock of PHX Energy Services Corp (TSE:PHX) is a huge mover today! About 71,224 shares traded hands or 12.13% up from the average. PHX Energy Services Corp (TSE:PHX) has risen 35.38% since April 27, 2016 and is uptrending. It has outperformed by 29.46% the S&P500.
The move comes after 5 months positive chart setup for the $213.56M company. It was reported on Dec, 1 by Barchart.com. We have $4.28 PT which if reached, will make TSE:PHX worth $14.95M more.

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. $5.50 is the highest target while $2.50 is the lowest. The $4.17 average target is 4.25% above today’s ($4) stock price. Phoenix Energy Services Corp has been the topic of 7 analyst reports since October 9, 2015 according to StockzIntelligence Inc. The stock of PHX Energy Services Corp (TSE:PHX) earned “Sector Underperform” rating by Scotia Capital on Friday, October 9. Scotia Capital maintained PHX Energy Services Corp (TSE:PHX) on Tuesday, August 30 with “Outperform” rating.

Another recent and important PHX Energy Services Corp (TSE:PHX) news was published by Marketwired.com which published an article titled: “PHX Energy Services Corp. Enters Into Bought Deal Financing” on June 08, 2016.

PHX Energy Services Corp. is a Canada company, which provides horizontal and directional drilling technology and services. The company has a market cap of $213.56 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment