Insider Buying: Pharos Energy plc (LON:PHAR) Insider Purchases 4,001 Shares of Stock

Pharos Energy plc (LON:PHAR) insider Sue Rivett acquired 4,001 shares of the business’s stock in a transaction on Thursday, February 27th. The shares were purchased at an average price of GBX 24 ($0.30) per share, for a total transaction of £960.24 ($1,210.28).

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

• On Thursday, January 23rd, Sue Rivett sold 199,212 shares of Pharos Energy stock. The stock was sold at an average price of GBX 24 ($0.30), for a total value of £47,810.88 ($60,260.75).
• On Monday, January 27th, Sue Rivett acquired 3,798 shares of Pharos Energy stock. The shares were acquired at an average price of GBX 26 ($0.33) per share, with a total value of £987.48 ($1,244.62).
• On Friday, December 27th, Sue Rivett bought 4,123 shares of Pharos Energy stock. The shares were purchased at an average cost of GBX 24 ($0.30) per share, with a total value of £989.52 ($1,247.19).

Pharos Energy Stock Up 3.4 %

Shares of LON:PHAR opened at GBX 24.24 ($0.31) on Friday. The company has a market capitalization of £120.93 million, a PE ratio of -2.58, a P/E/G ratio of -0.02 and a beta of 1.61. Pharos Energy plc has a twelve month low of GBX 18.05 ($0.23) and a twelve month high of GBX 27.98 ($0.35). The firm has a 50 day simple moving average of GBX 24.84 and a 200-day simple moving average of GBX 23.97. The company has a current ratio of 2.02, a quick ratio of 1.72 and a debt-to-equity ratio of 14.99.

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of Pharos Energy in a research report 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.