Pharos Energy plc (LON:PHAR) Insider Acquires £989.52 in Stock

Pharos Energy plc (LON:PHAR) insider Sue Rivett bought 4,123 shares of the firm’s stock in a transaction dated Friday, December 27th. The shares were purchased at an average price 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 stock was sold at an average price of GBX 23 ($0.29), for a total value of £110,307.08 ($138,402.86).

Pharos Energy Price Performance

Shares of LON PHAR opened at GBX 24.15 ($0.30) on Tuesday. The business has a 50 day moving average price of GBX 22.36 and a two-hundred day moving average price of GBX 23.81. 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). The firm has a market cap of £99.70 million, a PE ratio of -805.00, 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.

Analyst Ratings Changes

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