Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. PHX Minerals Inc shares valued at $9,898 were purchased by D’Amico Raphael on Aug 09 ’24. At $3.30 per share, D’Amico Raphael acquired 3,000 shares. The insider’s holdings grew to 520,124 shares worth approximately $2.25 million following the completion of this transaction.
Also, D’Amico Raphael purchased 3,000 shares, netting a total of over 10,017 in proceeds. Following the buying of shares at $3.34 each, the insider now holds 517,124 shares.
Before that, True Chad had added 2,000 shares to its account. In a trade valued at $6,565, the Principal Accounting Officer bought PHX Minerals Inc shares for $3.28 each. Upon closing the transaction, the insider’s holdings increased to 2,000 shares, worth approximately $0.33 million.
As published in their initiating research note from Johnson Rice on September 15, 2023, PHX Minerals Inc [PHX] has been a Buy and the price target has been revised to $5.50. As of June 18, 2009, Wunderlich has reiterated its “Buy” rating for PHX. Earlier on February 13, 2009, Wunderlich upgraded its rating. Their new recommendation was “a Buy” for PHX stock which previously was a “a Hold”.
Analyzing PHX Stock Performance
During the last five days, there has been a surge of approximately 21.01%. Over the course of the year, PHX Minerals Inc shares have jumped approximately 8.00%. Shares of the company reached a 52-week high of $4.34 on 05/14/25 and a 52-week low of $3.37 on 04/08/25. A 50-day SMA is recorded $3.87, while a 200-day SMA reached $3.72.
Support And Resistance Levels for PHX Minerals Inc (PHX)
According to the 24-hour chart, there is a support level at 4.31, which, if violated, would cause prices to drop to 4.31. In the upper region, resistance lies at 4.33. The next price resistance is at 4.35. RSI (Relative Strength Index) is 64.08 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.37, which suggests the price will decrease in the coming days. Percent R is at 2.47%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
