PHI INC/SH (NASDAQ:PHIIK) Shares Cross Below 200 Day Moving Average of $0.00

PHI INC/SH NV (NASDAQ:PHIIK)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as low as $0.07. PHI INC/SH shares last traded at $0.07, with a volume of 60,933 shares trading hands.

The company’s 50 day moving average is $0.17. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 0.27.

Large investors have recently made changes to their positions in the stock. California Public Employees Retirement System boosted its stake in PHI INC/SH by 27.8% in the 4th quarter. California Public Employees Retirement System now owns 44,556 shares of the energy producer’s stock worth $82,000 after purchasing an additional 9,683 shares during the period. Municipal Employees Retirement System of Michigan bought a new position in PHI INC/SH in the 4th quarter worth approximately $190,000. Finally, Geode Capital Management LLC boosted its stake in PHI INC/SH by 24.5% in the 4th quarter. Geode Capital Management LLC now owns 133,038 shares of the energy producer’s stock worth $246,000 after purchasing an additional 26,190 shares during the period. Institutional investors own 43.22% of the company’s stock.

PHI INC/SH Company Profile (NASDAQ:PHIIK)

PHI, Inc, together with its subsidiaries, provides transportation services to, from, and among offshore facilities for customers in the oil and gas exploration, development, and production industry in the United States and internationally. It operates through three business segments: Oil and Gas, Air Medical, and Technical Services.

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