Insider Buying: Pharos Energy plc (LON:PHAR) Insider Purchases £960.24 in Stock

Pharos Energy plc (LON:PHAR) insider Sue Rivett purchased 4,001 shares of the stock in a transaction that occurred on Thursday, February 27th. The shares were bought at an average cost of GBX 24 ($0.30) per share, for a total transaction of £960.24 ($1,210.44).

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 ($60,268.35).
• On Monday, January 27th, Sue Rivett purchased 3,798 shares of Pharos Energy stock. The shares were bought at an average cost of GBX 26 ($0.33) per share, for a total transaction of £987.48 ($1,244.77).
• On Friday, December 27th, Sue Rivett purchased 4,123 shares of Pharos Energy stock. The shares were bought at an average cost of GBX 24 ($0.30) per share, for a total transaction of £989.52 ($1,247.35).

Pharos Energy Stock Performance

LON PHAR opened at GBX 23.60 ($0.30) on Monday. The company has a quick ratio of 1.72, a current ratio of 2.02 and a debt-to-equity ratio of 14.99. Pharos Energy plc has a 52-week low of GBX 18.05 ($0.23) and a 52-week high of GBX 27.98 ($0.35). The business’s 50-day moving average price is GBX 24.85 and its 200 day moving average price is GBX 23.94. The firm has a market cap of £117.73 million, a P/E ratio of -2.51, a P/E/G ratio of -0.02 and a beta of 1.61.

Wall Street Analysts Forecast Growth

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

Pharos Energy Company Profile

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.