Pharos Energy PLC (OTCMKTS:SOCLF – Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.41 and traded as high as $0.45. Pharos Energy shares last traded at $0.45, with a volume of 1,000 shares changing hands.
Pharos Energy Stock Performance
The company has a 50-day moving average of $0.41 and a 200-day moving average of $0.36.
About Pharos Energy
Pharos Energy PLC is a London-headquartered independent oil and gas exploration and production company. It focuses on the development, production and optimisation of upstream hydrocarbon assets, with a particular emphasis on cost-effective field operations and reservoir management. The company’s corporate office is based in the City of London, underlining its status as a UK-listed operator with an international footprint.
The company’s flagship asset is its interest in the West Gharib onshore concession in Egypt’s Gulf of Suez region, where Pharos Energy oversees drilling, production, facility maintenance and reservoir surveillance.
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