Insider Buying: Pharos Energy plc (LON:PHAR) Insider Purchases £989.52 in Stock

Pharos Energy plc (LON:PHAR) insider Sue Rivett purchased 4,123 shares of the business’s stock in a transaction on Friday, December 27th. The shares were bought at an average price of GBX 24 ($0.30) per share, with a total value of £989.52 ($1,238.14).

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

• On Wednesday, October 23rd, Sue Rivett sold 479,596 shares of Pharos Energy stock. The stock was sold at an average price of GBX 23 ($0.29), for a total value of £110,307.08 ($138,021.87).

Pharos Energy Stock Performance

Shares of PHAR opened at GBX 24.10 ($0.30) on Thursday. Pharos Energy plc has a 1 year low of GBX 18.05 ($0.23) and a 1 year high of GBX 27.50 ($0.34). The company has a debt-to-equity ratio of 5.01, a current ratio of 2.84 and a quick ratio of 1.72. The stock’s fifty day moving average price is GBX 22.44 and its two-hundred day moving average price is GBX 23.82. The firm has a market cap of £99.49 million, a PE ratio of -803.33, a PEG ratio of -0.02 and a beta of 1.61.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Pharos Energy in a report on Friday, December 6th.

Pharos Energy Company Profile

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.