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

Pharos Energy plc (LON:PHAR) insider Sue Rivett acquired 3,798 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The stock was bought at an average price of GBX 26 ($0.32) per share, with a total value of £987.48 ($1,228.67).

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 value of £47,810.88 ($59,488.47).
• On Friday, December 27th, Sue Rivett purchased 4,123 shares of Pharos Energy stock. The stock was purchased at an average price of GBX 24 ($0.30) per share, for a total transaction of £989.52 ($1,231.21).

Pharos Energy Stock Performance

Shares of Pharos Energy stock opened at GBX 25.20 ($0.31) on Wednesday. The stock’s fifty day simple moving average is GBX 23.86 and its 200 day simple moving average is GBX 24.12. 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 company has a market capitalization of £104.03 million, a PE ratio of -840.00, a PEG ratio of -0.02 and a beta of 1.61. Pharos Energy plc has a 12 month low of GBX 18.05 ($0.22) and a 12 month high of GBX 27.98 ($0.35).

Wall Street Analysts Forecast Growth

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

About Pharos Energy

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.