PhenixFIN Co. (NYSE:PFX) CEO Acquires $618,451.55 in Stock

PhenixFIN Co. (NYSE:PFX) CEO David A. Lorber purchased 12,871 shares of the stock in a transaction dated Wednesday, December 18th. The shares were purchased at an average cost of $48.05 per share, for a total transaction of $618,451.55. Following the completion of the acquisition, the chief executive officer now directly owns 138,854 shares in the company, valued at approximately $6,671,934.70. This trade represents a 10.22 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

PhenixFIN Stock Up 0.6 %

PhenixFIN stock opened at $49.70 on Monday. PhenixFIN Co. has a one year low of $38.25 and a one year high of $50.00. The stock has a fifty day moving average of $47.61 and a 200 day moving average of $47.16. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.75 and a current ratio of 1.75. The stock has a market cap of $100.39 million, a PE ratio of 5.16 and a beta of 1.02.

About PhenixFIN

PhenixFIN Corporation is a business development company. The firm seeks to invest in privately negotiated debt and equity securities of small and middle market companies. It primarily invests in the following sectors: business services; buildings and real estate; automobile; oil and gas; aerospace and defense; home and office furnishings, housewares, and durable consumer products; healthcare, education and childcare; personal, food, and miscellaneous services; retail stores, diversified or conglomerate manufacturing; telecommunications; mining, steel, iron, and non-precious metals; leisure, amusement, motion pictures, and entertainment; chemicals, plastics, and rubber; finance; personal and nondurable consumer products (manufacturing only); beverage, food, and tobacco; containers, packaging, and glass; structure finance securities; machinery (non-agriculture, non-construction, non-electric); diversified or conglomerate service; restaurant and franchise; electronics; and cargo transport.