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Shore Capital Reaffirms "House Stock" Rating for Pharos Energy (LON:PHAR)

Pharos Energy logo with Energy background

Pharos Energy (LON:PHAR - Get Free Report)'s stock had its "house stock" rating reissued by stock analysts at Shore Capital in a note issued to investors on Thursday, Marketbeat Ratings reports.

Pharos Energy Trading Down 2.6 %

Shares of Pharos Energy stock traded down GBX 0.66 ($0.01) during trading on Thursday, hitting GBX 25.04 ($0.31). The stock had a trading volume of 2,102,567 shares, compared to its average volume of 743,495. Pharos Energy has a 1 year low of GBX 18.05 ($0.22) and a 1 year high of GBX 27.98 ($0.34). The stock has a 50 day simple moving average of GBX 23.67 and a 200 day simple moving average of GBX 24.11. 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 company has a market capitalization of £103.36 million, a PE ratio of -834.53, a P/E/G ratio of -0.02 and a beta of 1.61.

Insider Activity at Pharos Energy

In other news, insider Sue Rivett purchased 4,123 shares of the business's stock in a transaction that occurred on Friday, December 27th. The shares were acquired at an average cost of GBX 24 ($0.30) per share, for a total transaction of £989.52 ($1,218.17). Also, insider Katherine Roe purchased 6,403 shares of the firm's stock in a transaction dated Monday, October 28th. The stock was purchased at an average cost of GBX 23 ($0.28) per share, with a total value of £1,472.69 ($1,812.99). Insiders have bought 16,874 shares of company stock worth $392,225 over the last three months. Company insiders own 51.33% of the company's stock.

About Pharos Energy

(Get Free Report)

Pharos Energy is an independent oil and gas exploration and production company with a focus on sustainable growth and returns to stakeholders. Pharos is listed on the London Stock Exchange, we have production, development and exploration interests in Egypt, Israel and Vietnam.

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