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PHII Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Monday, October 17, 11:42 AM ET
Now Playing: Learn About The 200 DMA


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In trading on Monday, shares of PHI Inc (NASDAQ:PHII) crossed below their 200 day moving average of $21.51, changing hands as low as $20.94 per share. PHI Inc shares are currently trading down about 8.8% on the day. The chart below shows the one year performance of PHII shares, versus its 200 day moving average:

PHI Inc 200 Day Moving Average Chart

Looking at the chart above, PHII's low point in its 52 week range is $15.46 per share, with $26.36 as the 52 week high point — that compares with a last trade of $20.96.

PHII operates in the Oil & Gas Equipment & Services sector, among companies like National Oilwell Varco Inc (NYSE:NOV) which is down about 3.6% today, and TransCanada Corp (NYSE:TRP) trading higher by about 0.8%. Below is a three month price history chart comparing the stock performance of PHII, versus NOV and TRP.

PHII,NOV,TRP Relative Performance Chart


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