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PHI Shares Down 39.7% Since SmarTrend's Sell Call (PHIIK)

Jun 19, 2017 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified a Downtrend for PHI (NASDAQ:PHIIK) on January 20th, 2017 at $16.11. In approximately 5 months, PHI has returned 39.73% as of today's recent price of $9.71.

PHI share prices have moved between a 52-week high of $38.23 and a 52-week low of $8.09 and are now trading 20% above that low price at $9.71 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.3% while the 200-day MA has slid 0.8%.

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.

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

Write to Chip Brian at cbrian@mysmartrend.com

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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

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