PhenixFIN Co. (NYSE:PFX) Shares Sold by Adalta Capital Management LLC

Adalta Capital Management LLC decreased its stake in shares of PhenixFIN Co. (NYSE:PFX) by 0.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 149,603 shares of the company’s stock after selling 301 shares during the quarter. PhenixFIN comprises about 3.7% of Adalta Capital Management LLC’s portfolio, making the stock its 10th biggest holding. Adalta Capital Management LLC owned about 7.41% of PhenixFIN worth $7,094,000 as of its most recent filing with the Securities & Exchange Commission.

PhenixFIN Trading Down 2.0 %

Shares of NYSE:PFX opened at $47.03 on Monday. PhenixFIN Co. has a 52-week low of $37.90 and a 52-week high of $50.00. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.75 and a current ratio of 1.75. The company has a market capitalization of $95.00 million, a P/E ratio of 15.73 and a beta of 1.02. The company has a 50-day simple moving average of $47.54 and a 200 day simple moving average of $46.95.

PhenixFIN Company Profile

PhenixFIN Corporation is a business development company. The firm seeks to invest in privately negotiated debt and equity securities of small and middle market companies. It primarily invests in the following sectors: business services; buildings and real estate; automobile; oil and gas; aerospace and defense; home and office furnishings, housewares, and durable consumer products; healthcare, education and childcare; personal, food, and miscellaneous services; retail stores, diversified or conglomerate manufacturing; telecommunications; mining, steel, iron, and non-precious metals; leisure, amusement, motion pictures, and entertainment; chemicals, plastics, and rubber; finance; personal and nondurable consumer products (manufacturing only); beverage, food, and tobacco; containers, packaging, and glass; structure finance securities; machinery (non-agriculture, non-construction, non-electric); diversified or conglomerate service; restaurant and franchise; electronics; and cargo transport.