Pharos Energy (LON:PHAR) Given House Stock Rating at Shore Capital

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

Pharos Energy Price Performance

LON:PHAR traded down GBX 1.10 ($0.01) on Tuesday, reaching GBX 18.90 ($0.24). 306,305 shares of the company's stock traded hands, compared to its average volume of 309,254. The stock has a 50-day simple moving average of GBX 23.21 and a 200-day simple moving average of GBX 23.41. Pharos Energy has a 12 month low of GBX 18.55 ($0.24) and a 12 month high of GBX 27.98 ($0.36). The firm has a market cap of £94.28 million, a PE ratio of -2.01, a P/E/G ratio of -0.02 and a beta of 1.61. The company has a quick ratio of 1.72, a current ratio of 2.02 and a debt-to-equity ratio of 14.99.

Insider Buying and Selling at Pharos Energy

In other news, insider Sue Rivett acquired 3,798 shares of the business's stock in a transaction dated Monday, January 27th. The stock was purchased at an average price of GBX 26 ($0.34) per share, for a total transaction of £987.48 ($1,273.35). Insiders purchased a total of 11,917 shares of company stock valued at $293,604 in the last three months. 51.33% of the stock is currently owned by corporate insiders.

Pharos Energy Company Profile

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.