Pharos Energy (OTCMKTS:SOCLF) Shares Up 5.7% – Should You Buy?

Shares of Pharos Energy plc (OTCMKTS:SOCLFGet Free Report) were up 5.7% during mid-day trading on Tuesday . The company traded as high as $0.33 and last traded at $0.33. Approximately 13,000 shares changed hands during mid-day trading, a decline of 9% from the average daily volume of 14,300 shares. The stock had previously closed at $0.31.

Pharos Energy Stock Performance

The business’s 50 day simple moving average is $0.25 and its 200-day simple moving average is $0.29.

About Pharos Energy

(Get Free Report)

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.

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