PHX Minerals Inc [PHX] stock prices are up 20.95% to $4.33 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The PHX shares have gain 10.74% over the last week, with a monthly amount glided 19.61%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
PHX Minerals Inc [NYSE: PHX] stock has seen the most recent analyst activity on September 15, 2023, when Johnson Rice initiated its Buy rating and assigned the stock a price target of $5.50. On June 18, 2009, Wunderlich reiterated its Buy rating and revised its price target to $30 on the stock. Wunderlich upgraded its rating to a Buy but stick to its price target of $23.50 on February 13, 2009. Wunderlich initiated its recommendation with a Hold and recommended $21 as its price target on January 30, 2009.
The stock price of PHX Minerals Inc [PHX] has been fluctuating between $3.09 and $4.24 over the past year. PHX Minerals Inc [NYSE: PHX] shares were valued at $4.33 at the most recent close of the market.
Analyzing the PHX fundamentals
The PHX Minerals Inc [NYSE:PHX] reported sales of 35.38M for trailing twelve months, representing a surge of 97.03%. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.38%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.04 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.23.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.31 points at the first support level, and at 4.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.35, and for the 2nd resistance point, it is at 4.36.
Ratios To Look Out For
It’s worth pointing out that PHX Minerals Inc [NYSE:PHX]’s Current Ratio is 1.80. On the other hand, the Quick Ratio is 1.80, and the Cash Ratio is 1.01. Considering the valuation of this stock, the price to sales ratio is 4.64, the price to book ratio is 1.26 and price to earnings (TTM) ratio is 23.57.
Transactions by insiders
Recent insider trading involved D’Amico Raphael, SVP – CFO, that happened on Aug 09 ’24 when 3000.0 shares were purchased. SVP – CFO, D’Amico Raphael completed a deal on May 23 ’24 to buy 3000.0 shares. Meanwhile, Principal Accounting Officer True Chad bought 2000.0 shares on May 23 ’24.
