PHX Energy Services (OTCMKTS:PHXHF) Shares Up 2.4% – Should You Buy?

PHX Energy Services Corp. (OTCMKTS:PHXHFGet Free Report)’s stock price rose 2.4% on Tuesday . The company traded as high as $5.56 and last traded at $5.5299. Approximately 10,236 shares changed hands during trading, a decline of 28% from the average daily volume of 14,203 shares. The stock had previously closed at $5.4010.

PHX Energy Services Trading Up 2.4%

The company’s fifty day simple moving average is $5.36 and its 200-day simple moving average is $5.55.

About PHX Energy Services

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PHX Energy Services Corp., trading under the ticker OTCMKTS:PHXHF, is a Canada-based oilfield services provider specializing in pressure pumping and well completion solutions for the oil and gas industry. The company offers hydraulic fracturing, acidizing, coiled tubing, nitrogen pumping and other specialized stimulation services designed to enhance production in both conventional and unconventional reservoirs.

Leveraging a fleet of modular pressure pumping units and coiled tubing systems, PHX Energy Services delivers tailored fracturing and well intervention services that aim to optimize well performance, improve operational efficiency and maintain rigorous safety standards.

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