PHX Energy Services Corp. (PHX:CA) Rises 6.06% for October 17

Equities Staff  |

October 17 was a positive day for PHX Energy Services Corp. (PHX:CA) as its stock finished the day having gained 6.06% to hit a price of $2.45 a share. The company reached a market cap of 138.14 million and has 54.97 million shares outstanding. PHX Energy Services Corp. is a component of the the S&P/TSX SmallCap Index.

101,400 shares changed hands over the course of the day as compared to an average volume of n/a over the last 30 days for PHX Energy Services Corp..

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. The services provided by the company includes directional drilling and motor rentals, survey management, gyro surveying and stream services. Geographically, the company operates in Canada, United States, and International. The majority of the company's revenue comes from the United States.. The company makes its home in Calgary, AB, and is currently under the leadership of CEO John M. Hooks.

PHX Energy Services Corp. has hit a high of $3.50 and reached a low of $2.25 over its last year of trading. The stock’s 50-day SMA is now $n/a and 200-day SMA is $n/a. As for its price valuations, the P/E ratio is at n/a and P/B is now 0.92.

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The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.

To get more information on PHX Energy Services Corp. and to follow the company’s latest updates, you can visit the company’s profile page here: PHX:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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