Stock Rating Downgrade
In recent days the Value Trend Rating for PHX Minerals Inc (NYSE: PHX) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 1/12/24, PHX Minerals Inc (NYSE: PHX) stock enjoyed a large increase of 3.7%, closing at $3.39. NORMAL trading volume accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 6.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, PHX is expected to continue to be a Value Builder.
PHX Minerals has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. PHX Minerals has a slightly negative Appreciation Score of 33 but a very high Power Rating of 90, producing the High Neutral Value Trend Rating.
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