Insider Buying: Pharos Energy plc (LON:PHAR) Insider Acquires 3,798 Shares of Stock

Pharos Energy plc (LON:PHAR) insider Sue Rivett purchased 3,798 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The stock was acquired at an average price of GBX 26 ($0.32) per share, with a total value of £987.48 ($1,229.43).

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

• On Thursday, January 23rd, Sue Rivett sold 199,212 shares of Pharos Energy stock. The stock was sold at an average price of GBX 24 ($0.30), for a total transaction of £47,810.88 ($59,525.50).
• On Friday, December 27th, Sue Rivett bought 4,123 shares of Pharos Energy stock. The shares were acquired at an average price of GBX 24 ($0.30) per share, with a total value of £989.52 ($1,231.97).

Pharos Energy Price Performance

Shares of LON:PHAR opened at GBX 24.60 ($0.31) on Thursday. The business has a fifty day moving average price of GBX 23.91 and a 200-day moving average price of GBX 24.13. 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 company has a market capitalization of £101.56 million, a PE ratio of -820.00, a PEG ratio of -0.02 and a beta of 1.61. Pharos Energy plc has a 1-year low of GBX 18.05 ($0.22) and a 1-year high of GBX 27.98 ($0.35).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Pharos Energy in a research report on Thursday, January 23rd.

Pharos Energy Company Profile

Pharos Energy is an independent oil and gas exploration and production company with a focus on sustainable growth and returns to stakeholders.
Pharos is listed on the London Stock Exchange, we have production, development and exploration interests in Egypt, Israel and Vietnam.