Katherine Roe Purchases 6,403 Shares of Pharos Energy plc (LON:PHAR) Stock

Pharos Energy plc (LON:PHAR) insider Katherine Roe acquired 6,403 shares of the business’s stock in a transaction that occurred on Monday, October 28th. The shares were purchased at an average cost of GBX 23 ($0.30) per share, for a total transaction of £1,472.69 ($1,909.86).

Pharos Energy Trading Down 1.4 %

LON PHAR opened at GBX 21.60 ($0.28) on Thursday. The company has a quick ratio of 1.72, a current ratio of 2.84 and a debt-to-equity ratio of 5.01. Pharos Energy plc has a twelve month low of GBX 18.05 ($0.23) and a twelve month high of GBX 27.50 ($0.36). The company has a market cap of £89.17 million, a price-to-earnings ratio of -720.00, a price-to-earnings-growth ratio of -0.02 and a beta of 1.61. The business’s fifty day moving average is GBX 24.21 and its 200 day moving average is GBX 24.09.

Pharos Energy Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, January 22nd. Investors of record on Thursday, December 19th will be given a dividend of GBX 0.36 ($0.00) per share. This represents a yield of 1.53%. The ex-dividend date of this dividend is Thursday, December 19th. Pharos Energy’s dividend payout ratio is currently -3,333.33%.

Analyst Ratings Changes

Separately, Shore Capital reissued a “house stock” rating on shares of Pharos Energy in a 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.