PHI Inc. (PHIIK) Soars 16.19% on January 18

PHI Inc. (PHIIK) Soars 16.19% on January 18

PHI Inc. (PHIIK) had a good day on the market for Friday January 18 as shares jumped 16.19% to close at $2.44. About 493,556 shares traded hands on 1,426 trades for the day, compared with an average daily volume of n/a shares out of a total float of 15.82 million. After opening the trading day at $2.13, shares of PHI Inc. stayed within a range of $2.50 to $2.11.

With today’s gains, PHI Inc. now has a market cap of $38.6 million. Shares of PHI Inc. have been trading within a range of $13.39 and $1.69 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

PHI Inc provides transportation to, from, and among offshore platforms for customers engaged in the oil and gas exploration, development, and production industry. The company operates through three business segments namely Oil and Gas, Air Medical, and Technical Services. The Oil and Gas segment provides helicopter services to oil and gas exploration and production companies Gulf of Mexico. Air Medical provides services for hospitals and emergency service agencies. Technical Services engaged in providing helicopter repair and overhaul services for flight operations customers. The company customers have entered into fixed-term contracts. It generates revenue from Oil and Gas and Air Medical segment.

PHI Inc. is based out of Lafayette, LA and has some 2,521 employees. Its CEO is Al A. Gonsoulin.

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