Stock Rating Upgrade
In the last week the Value Trend Rating for PHX Minerals Inc (NYSE: PHX) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
PHX Minerals Inc (NYSE: PHX) stock closed at $3.25 on 8/9/24 after a decline of -3.6%. Moreover, unusually high trading volume at 155% of normal accompanied the decline. The stock has declined -0.6% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
PHX is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
PHX Minerals has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. PHX Minerals has a neutral Appreciation Score of 54 and a slightly negative Power Rating of 33, producing the Low Neutral Value Trend Rating.
Be the first to comment