Pharos Energy plc (LON:PHAR) Insider Acquires £986.25 in Stock

Pharos Energy plc (LON:PHAR) insider Sue Rivett acquired 3,945 shares of the firm’s stock in a transaction on Thursday, June 27th. The shares were bought at an average cost of GBX 25 ($0.32) per share, with a total value of £986.25 ($1,251.11).

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

• On Tuesday, May 28th, Sue Rivett acquired 4,013 shares of Pharos Energy stock. The shares were bought at an average cost of GBX 24 ($0.30) per share, with a total value of £963.12 ($1,221.77).
• On Friday, May 10th, Sue Rivett sold 68,491 shares of Pharos Energy stock. The stock was sold at an average price of £15,493.14 ($19,653.86), for a total value of £1,061,140,651.74 ($1,346,112,713.10).
• On Monday, April 29th, Sue Rivett acquired 4,125 shares of Pharos Energy stock. The shares were bought at an average cost of GBX 24 ($0.30) per share, with a total value of £990 ($1,255.87).

Pharos Energy Stock Performance

Shares of PHAR opened at GBX 21 ($0.27) on Monday. The firm has a market capitalization of £87.73 million, a P/E ratio of -233.33, a P/E/G ratio of -0.02 and a beta of 1.60. The company has a debt-to-equity ratio of 14.99, a quick ratio of 1.72 and a current ratio of 2.02. The stock has a 50 day moving average price of GBX 23.38 and a two-hundred day moving average price of GBX 21.89. Pharos Energy plc has a 52 week low of GBX 18.05 ($0.23) and a 52 week high of GBX 25.90 ($0.33).

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “buy” rating on shares of Pharos Energy in a report on Thursday, May 23rd.

About Pharos Energy

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.