Pharos Energy’s (PHAR) House Stock Rating Reaffirmed at Shore Capital

Shore Capital reissued their house stock rating on shares of Pharos Energy (LON:PHAR) in a report released on Monday, MarketBeat Ratings reports.

Pharos Energy Trading Down 2.5 %

Pharos Energy stock opened at GBX 23.50 ($0.30) on Monday. 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 one year low of GBX 18.05 ($0.23) and a one year high of GBX 25.90 ($0.33). The stock has a market capitalization of £98.17 million, a PE ratio of -267.78, a price-to-earnings-growth ratio of -0.02 and a beta of 1.60. The business’s fifty day moving average is GBX 23.38 and its 200 day moving average is GBX 21.89.

Insiders Place Their Bets

In related news, insider Sue Rivett acquired 4,125 shares of the firm’s stock in a transaction dated Monday, April 29th. The shares were purchased at an average price of GBX 24 ($0.30) per share, with a total value of £990 ($1,252.21). Over the last three months, insiders have bought 12,083 shares of company stock valued at $293,937. Insiders own 52.80% of the company’s stock.

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.