Pharos Energy plc (LON:PHAR) Insider Sue Rivett Acquires 4,001 Shares of Stock

Pharos Energy plc (LON:PHAR) insider Sue Rivett purchased 4,001 shares of the firm’s stock in a transaction that occurred on Thursday, February 27th. The stock was bought 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 shares were 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 purchased 3,798 shares of Pharos Energy stock. The stock was bought at an average cost 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 stock was acquired at an average price of GBX 24 ($0.30) per share, for a total transaction of £989.52 ($1,247.19).

Pharos Energy Stock Up 3.4 %

PHAR stock opened at GBX 24.24 ($0.31) on Friday. The company has a market capitalization of £120.93 million, a price-to-earnings ratio of -2.58, a price-to-earnings-growth ratio of -0.02 and a beta of 1.61. The business’s 50 day moving average price is GBX 24.84 and its two-hundred day moving average price is GBX 23.97. Pharos Energy plc has a fifty-two week low of GBX 18.05 ($0.23) and a fifty-two week high of GBX 27.98 ($0.35). The company has a debt-to-equity ratio of 14.99, a quick ratio of 1.72 and a current ratio of 2.02.

Analyst Upgrades and Downgrades

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.