Pharos Energy plc (LON:PHAR) Insider Buys £987.48 in Stock

Pharos Energy plc (LON:PHAR) insider Sue Rivett bought 3,798 shares of the stock in a transaction that occurred on Monday, January 27th. The shares were purchased at an average cost of GBX 26 ($0.32) per share, with a total value of £987.48 ($1,226.38).

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

• On Thursday, January 23rd, Sue Rivett sold 199,212 shares of Pharos Energy stock. The shares were sold at an average price of GBX 24 ($0.30), for a total transaction of £47,810.88 ($59,377.65).
• On Friday, December 27th, Sue Rivett acquired 4,123 shares of Pharos Energy stock. The stock was acquired at an average cost of GBX 24 ($0.30) per share, with a total value of £989.52 ($1,228.91).

Pharos Energy Stock Performance

Shares of PHAR stock opened at GBX 24.70 ($0.31) on Friday. The firm has a 50 day moving average of GBX 23.96 and a 200-day moving average of GBX 24.13. The company has a market cap of £101.97 million, a price-to-earnings ratio of -823.33, a price-to-earnings-growth ratio of -0.02 and a beta of 1.61. The company has a quick ratio of 1.72, a current ratio of 2.84 and a debt-to-equity ratio of 5.01. Pharos Energy plc has a 52 week low of GBX 18.05 ($0.22) and a 52 week high of GBX 27.98 ($0.35).

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Pharos Energy in a research note on Thursday, January 23rd.

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.