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Pharos Energy (OTCMKTS:SOCLF) Shares Down 7% - What's Next?

Pharos Energy logo with Oils/Energy background

Shares of Pharos Energy plc (OTCMKTS:SOCLF - Get Free Report) were down 7% on Tuesday . The stock traded as low as $0.30 and last traded at $0.30. Approximately 5,000 shares traded hands during mid-day trading, an increase of 669% from the average daily volume of 650 shares. The stock had previously closed at $0.33.

Pharos Energy Price Performance

The firm's 50 day moving average price is $0.28 and its two-hundred day moving average price is $0.29.

Pharos Energy Company Profile

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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.

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