Insider Buying: PHX Energy Services (TSE:PHX) Director Buys 2,730 Shares of Stock

Key Points

• PHX Energy Services Director Karen David-Green bought 2,730 shares of the company at an average price of C$7.68, increasing her total holdings to 25,292 shares.
• The company's stock is currently priced at C$7.47 and has a market capitalization of C$337.48 million, with a price-to-earnings ratio of 6.55.
• PHX Energy Services provides services in horizontal and directional drilling and operates across Canada, the United States, Albania, and Russia.

PHX Energy Services Corp. (TSE:PHX - Get Free Report) Director Karen David-Green bought 2,730 shares of the company's stock in a transaction on Monday, August 18th. The shares were bought at an average cost of C$7.68 per share, for a total transaction of C$20,966.40. Following the transaction, the director owned 25,292 shares in the company, valued at C$194,242.56. The trade was a 12.10% increase in their position.

PHX Energy Services Stock Performance

TSE:PHX traded down C$0.01 during trading hours on Friday, hitting C$7.49. 249,863 shares of the company were exchanged, compared to its average volume of 97,396. The stock has a market capitalization of C$338.38 million, a price-to-earnings ratio of 6.57 and a beta of 1.24. PHX Energy Services Corp. has a 52-week low of C$6.64 and a 52-week high of C$10.10. The company has a debt-to-equity ratio of 25.99, a current ratio of 1.67 and a quick ratio of 1.25. The company's 50 day moving average price is C$7.91 and its 200-day moving average price is C$8.13.

PHX Energy Services Company Profile

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.