Insider Selling: Pharos Energy plc (LON:PHAR) Insider Sells £47,810.88 in Stock

Pharos Energy plc (LON:PHAR) insider Sue Rivett sold 199,212 shares of the company’s stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of GBX 24 ($0.30), for a total transaction of £47,810.88 ($59,377.65).

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

• On Monday, January 27th, Sue Rivett acquired 3,798 shares of Pharos Energy stock. 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).
• On Friday, December 27th, Sue Rivett bought 4,123 shares of Pharos Energy stock. The stock was purchased at an average price of GBX 24 ($0.30) per share, for a total transaction of £989.52 ($1,228.91).

Pharos Energy Trading Up 0.4 %

LON PHAR opened at GBX 24.70 ($0.31) on Friday. Pharos Energy plc has a 12 month low of GBX 18.05 ($0.22) and a 12 month high of GBX 27.98 ($0.35). The company has a current ratio of 2.84, a quick ratio of 1.72 and a debt-to-equity ratio of 5.01. The stock 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 PE ratio of -823.33, a PEG ratio of -0.02 and a beta of 1.61.

Analysts Set New Price Targets

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

About Pharos Energy

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.