Alert: Positive Investment Signals (12/18/23)-PhenixFIN Corp (NASDAQ: PFX)


Recent extremely meaningful positive changes in investment behavior have benefitted PhenixFIN Corp (NASDAQ: PFX): its shorter term price trend turned up, its longer term price trend turned up, positive upside/downside volume developed, and the stock rose on very heavy volume.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, PFX is expected to be a modest Value Builder.

PhenixFIN has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. PhenixFIN has a neutral Appreciation Score of 57 but a good Power Rating of 76, and the Positive Value Trend Rating results.

Recent Price Action

PhenixFIN Corp (NASDAQ: PFX) stock enjoyed a large increase of 2.3% on 12/18/23. The stock closed at $39.90. Moreover, this advance was accompanied by exceptionally high trading volume at 563% of normal. The stock has been strong relative to the market over the last nine months and has risen 5.0% during the last week.

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