PHI Group (OTCMKTS:PHIL) issued its earnings results on Monday. The company reported ($0.01) earnings per share for the quarter, Bloomberg Earnings reports. The company had revenue of $0.50 million for the quarter.
OTCMKTS:PHIL remained flat at $$0.05 during mid-day trading on Wednesday. 613,599 shares of the company traded hands, compared to its average volume of 1,348,313. PHI Group has a 52-week low of $0.01 and a 52-week high of $0.19. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.35 and a current ratio of 0.35.
In other news, CEO Henry Fahman bought 11,574,074 shares of PHI Group stock in a transaction that occurred on Wednesday, April 25th. The shares were purchased at an average price of $0.03 per share, with a total value of $347,222.22. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 31.96% of the stock is owned by company insiders.
PHI Group Inc, through its subsidiary, PHI Capital Holdings, Inc, provides merger and acquisition advisory, consulting, project financing, and capital market services to clients in North America and Asia. The company was formerly known as Providential Holdings, Inc and changed its name to PHI Group, Inc in April 2009.
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