Pharos Energy plc (LON:PHAR) Insider Sue Rivett Purchases 3,724 Shares

Pharos Energy plc (LON:PHAR) insider Sue Rivett acquired 3,724 shares of the firm’s stock in a transaction that occurred on Tuesday, August 27th. The stock was bought at an average cost of GBX 26 ($0.34) per share, with a total value of £968.24 ($1,276.86).

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

• On Monday, July 29th, Sue Rivett purchased 3,682 shares of Pharos Energy stock. The shares were bought at an average price of GBX 26 ($0.34) per share, for a total transaction of £957.32 ($1,262.46).
• On Thursday, June 27th, Sue Rivett acquired 3,945 shares of Pharos Energy stock. The shares were bought at an average price of GBX 25 ($0.33) per share, with a total value of £986.25 ($1,300.61).

Pharos Energy Trading Up 0.4 %

Pharos Energy stock opened at GBX 25.30 ($0.33) on Wednesday. Pharos Energy plc has a 52 week low of GBX 18.05 ($0.24) and a 52 week high of GBX 27.50 ($0.36). The stock has a 50-day moving average price of GBX 24.75 and a 200 day moving average price of GBX 22.89. The company has a quick ratio of 1.72, a current ratio of 2.02 and a debt-to-equity ratio of 14.99. The company has a market capitalization of £104.86 million, a price-to-earnings ratio of -280.00, a price-to-earnings-growth ratio of -0.02 and a beta of 1.61.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Pharos Energy in a research report on Thursday, July 18th.

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.