Shares of PHX Energy Services Corp (TSE:PHX) were up 4.2% during trading on Thursday . The company traded as high as C$2.24 and last traded at C$2.24. Approximately 52,550 shares changed hands during mid-day trading, a decline of 34% from the average daily volume of 80,152 shares. The stock had previously closed at C$2.15.

The stock’s market cap is $129.48 million. The company’s 50 day moving average price is $2.16 and its 200 day moving average price is $2.49.

In other PHX Energy Services Corp news, insider Michael Leslie Buker purchased 20,000 shares of the company’s stock in a transaction that occurred on Friday, September 1st. The shares were acquired at an average price of C$2.20 per share, with a total value of C$44,000.00. Also, insider John Michael Hooks purchased 25,000 shares of the company’s stock in a transaction that occurred on Thursday, August 24th. The stock was acquired at an average cost of C$1.97 per share, for a total transaction of C$49,250.00. Insiders have bought a total of 1,179,550 shares of company stock worth $2,541,783 in the last three months.

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PHX Energy Services Corp Company Profile

PHX Energy Services Corp. is a Canada-based company, which provides horizontal and directional drilling technology and services. The Company 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.

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