Pharos Energy plc (LON:PHAR) Insider Katherine Roe Buys 6,348 Shares

Pharos Energy plc (LON:PHAR - Get Free Report) insider Katherine Roe bought 6,348 shares of the stock in a transaction dated Wednesday, November 27th. The shares were bought at an average cost of GBX 23 ($0.29) per share, with a total value of £1,460.04 ($1,850.96).

Katherine Roe also recently made the following trade(s):

• On Monday, October 28th, Katherine Roe acquired 6,403 shares of Pharos Energy stock. The shares were bought at an average cost of GBX 23 ($0.29) per share, for a total transaction of £1,472.69 ($1,867.00).

Pharos Energy Trading Up 2.8 %

LON:PHAR traded up GBX 0.60 ($0.01) on Thursday, reaching GBX 22 ($0.28). The company's stock had a trading volume of 55,159 shares, compared to its average volume of 259,478. The stock has a 50 day moving average price of GBX 23.01 and a 200 day moving average price of GBX 23.94. Pharos Energy plc has a 12-month low of GBX 18.05 ($0.23) and a 12-month high of GBX 27.50 ($0.35). The company has a quick ratio of 1.72, a current ratio of 2.84 and a debt-to-equity ratio of 5.01. The firm has a market cap of £90.82 million, a price-to-earnings ratio of -733.33, a price-to-earnings-growth ratio of -0.02 and a beta of 1.61.

Pharos Energy Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, January 22nd. Investors of record on Thursday, December 19th will be paid a dividend of GBX 0.36 ($0.00) per share. The ex-dividend date is Thursday, December 19th. This represents a yield of 1.53%. Pharos Energy's payout ratio is -3,333.33%.

Analyst Ratings Changes

Separately, Shore Capital reiterated a "house stock" rating on shares of Pharos Energy in a research note on Tuesday, September 10th.

Pharos Energy Company Profile

Pharos Energy plc, an independent energy company, engages in the exploration, development, and production of oil and gas properties in Vietnam, Egypt, and China. The company was formerly known as SOCO International plc and changed its name to Pharos Energy plc in October 2019. Pharos Energy plc was incorporated in 1997 and is headquartered in London, the United Kingdom.