PHX Energy Services (TSE:PHX) Hits New 12-Month Low – Here’s What Happened

PHX Energy Services Corp. (TSE:PHXGet Free Report)’s stock price reached a new 52-week low on Monday . The stock traded as low as C$8.41 and last traded at C$8.46, with a volume of 28329 shares. The stock had previously closed at C$8.68.

PHX Energy Services Price Performance

The company has a 50 day moving average price of C$9.24 and a 200-day moving average price of C$9.46. The company has a quick ratio of 1.25, a current ratio of 1.67 and a debt-to-equity ratio of 25.99. The company has a market cap of C$386.77 million, a price-to-earnings ratio of 5.33 and a beta of 2.32.

About PHX Energy Services

(Get Free Report)

PHX Energy Services Corp is a Canadian service provider company. It is principally engaged in providing horizontal and directional drilling services, as well as web-based remote electronic drilling recorder technology and services, to oil and natural gas exploration and development companies in Canada, United States, Albania, and Russia.

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