Pharos Energy plc (LON:PHAR) Insider Sue Rivett Acquires 4,123 Shares

Pharos Energy plc (LON:PHAR) insider Sue Rivett purchased 4,123 shares of the company’s stock in a transaction that occurred on Friday, December 27th. The shares were acquired at an average cost of GBX 24 ($0.30) per share, with a total value of £989.52 ($1,244.84).

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 transaction of £110,307.08 ($138,768.50).

Pharos Energy Price Performance

Pharos Energy stock opened at GBX 23.30 ($0.29) on Monday. The company has a current ratio of 2.84, a quick ratio of 1.72 and a debt-to-equity ratio of 5.01. The firm has a market capitalization of £96.19 million, a P/E ratio of -776.67, a PEG ratio of -0.02 and a beta of 1.61. The business has a 50-day moving average of GBX 22.36 and a 200-day moving average of GBX 23.81. Pharos Energy plc has a 1 year low of GBX 18.05 ($0.23) and a 1 year high of GBX 27.50 ($0.35).

Wall Street Analysts Forecast Growth

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

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.