Insider Buying: Pharos Energy plc (LON:PHAR) Insider Acquires 4,123 Shares of Stock

Pharos Energy plc (LON:PHAR - Get Free Report) insider Sue Rivett purchased 4,123 shares of Pharos Energy stock in a transaction dated Friday, December 27th. The stock was bought at an average cost of GBX 24 ($0.30) per share, with a total value of £989.52 ($1,241.56).

Sue Rivett also recently made the following trade(s):

• On Wednesday, October 23rd, Sue Rivett sold 479,596 shares of Pharos Energy stock. The shares were sold at an average price of GBX 23 ($0.29), for a total transaction of £110,307.08 ($138,402.86).

Pharos Energy Stock Up 1.5 %

LON:PHAR traded up GBX 0.35 ($0.00) during mid-day trading on Monday, reaching GBX 24.15 ($0.30). The stock had a trading volume of 208,716 shares, compared to its average volume of 268,535. The stock has a market cap of £99.70 million, a P/E ratio of -805.00, a PEG ratio of -0.02 and a beta of 1.61. The business's 50 day moving average is GBX 22.36 and its 200 day moving average is GBX 23.81. The company has a debt-to-equity ratio of 5.01, a current ratio of 2.84 and a quick ratio of 1.72. Pharos Energy plc has a fifty-two week low of GBX 18.05 ($0.23) and a fifty-two week high of GBX 27.50 ($0.35).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a "house stock" rating on shares of Pharos Energy in a research note on Friday, December 6th.

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.