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Shares of PHIIK Down 29.7% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for Phi Inc-Nv (NASDAQ:PHIIK) on May 30th, 2018 at $11.49. In approximately 2 months, Phi Inc-Nv has returned 29.68% as of today's recent price of $8.08.

Over the past year, Phi Inc-Nv has traded in a range of $8.01 to $13.39 and is now at $8.08, 1% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.9% while the 200-day MA has slid 0.7%.

PHI, Inc. provides helicopter transportation and related services. The Company serves customers involved in the oil and gas exploration and production industry. PHI also provides helicopter services to emergency medical service providers, as well as aircraft maintenance and repair services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Phi Inc-Nv.

Log in and add Phi Inc-Nv (PHIIK) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights phi inc-nv

Ticker(s): PHIIK