Pharos Energy plc (LON:PHAR) Insider Buys £963.06 in Stock

Pharos Energy plc (LON:PHAR) insider Sue Rivett acquired 4,586 shares of the business’s stock in a transaction dated Friday, June 27th. The shares were bought at an average price of GBX 21 ($0.29) per share, for a total transaction of £963.06 ($1,315.12).

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

• On Tuesday, May 27th, Sue Rivett purchased 4,877 shares of Pharos Energy stock. The shares were bought at an average cost of GBX 20 ($0.27) per share, for a total transaction of £975.40 ($1,331.97).
• On Monday, April 28th, Sue Rivett acquired 4,875 shares of Pharos Energy stock. The shares were purchased at an average price of GBX 20 ($0.27) per share, with a total value of £975 ($1,331.42).
• On Friday, April 4th, Sue Rivett sold 563,456 shares of Pharos Energy stock. The stock was sold at an average price of GBX 21 ($0.29), for a total value of £118,325.76 ($161,580.99).

Pharos Energy Trading Up 4.3%

Shares of PHAR stock opened at GBX 21.90 ($0.30) on Thursday. Pharos Energy plc has a fifty-two week low of GBX 17.50 ($0.24) and a fifty-two week high of GBX 27.98 ($0.38). The firm’s 50 day moving average price is GBX 19.89 and its two-hundred day moving average price is GBX 21.96. The stock has a market cap of £109.25 million, a price-to-earnings ratio of -2.33, 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 2.02 and a debt-to-equity ratio of 14.99.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of Pharos Energy in a research note on Tuesday, April 1st.

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.