Pharos Energy plc (PHAR) to Issue Dividend of GBX 0.36 on January 22nd

Pharos Energy plc (LON:PHAR) announced a dividend on Wednesday, September 18th, Upcoming.Co.Uk reports. Investors of record on Thursday, December 19th will be paid a dividend of GBX 0.36 ($0.00) per share on Wednesday, January 22nd. This represents a yield of 1.53%. The ex-dividend date of this dividend is Thursday, December 19th. The official announcement can be seen at this link.

Pharos Energy Stock Down 0.3 %

PHAR stock opened at GBX 24.72 ($0.33) on Friday. The stock has a market capitalization of £102.27 million, a P/E ratio of -275.56, a P/E/G ratio of -0.02 and a beta of 1.61. The company has a debt-to-equity ratio of 14.99, a current ratio of 2.02 and a quick ratio of 1.72. Pharos Energy has a 1-year low of GBX 18.05 ($0.24) and a 1-year high of GBX 27.50 ($0.36). The business has a fifty day moving average price of GBX 25.23 and a 200-day moving average price of GBX 23.45.

Insider Buying and Selling at Pharos Energy

In related news, insider Sue Rivett bought 3,945 shares of the firm’s stock in a transaction that occurred on Thursday, June 27th. The shares were bought at an average cost of GBX 25 ($0.33) per share, with a total value of £986.25 ($1,302.84). Over the last ninety days, insiders acquired 11,351 shares of company stock valued at $291,181. Insiders own 52.85% of the company’s stock.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “house stock” rating on shares of Pharos Energy in a research report on Tuesday, September 10th.

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.