Sue Rivett Acquires 4,408 Shares of Pharos Energy (LON:PHAR) Stock

Key Points

• Sue Rivett, an insider at Pharos Energy, purchased 4,408 shares on August 27th at an average price of GBX 22, totaling £969.76, marking a continued investment trend by the insider.
• The company's shares opened at GBX 20.93, reflecting a 2.2% decrease, while Pharos Energy has a market cap of £104.38 million and a price-to-earnings ratio of -2.23.
• Shore Capital recently restated a "house stock" rating on Pharos Energy, indicating continued confidence in the company's long-term prospects.

Pharos Energy plc (LON:PHAR - Get Free Report) insider Sue Rivett bought 4,408 shares of Pharos Energy stock in a transaction dated Wednesday, August 27th. The stock was purchased at an average cost of GBX 22 per share, for a total transaction of £969.76.

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

• On Monday, July 28th, Sue Rivett bought 4,452 shares of Pharos Energy stock. The shares were purchased at an average cost of GBX 22 per share, with a total value of £979.44.
• On Friday, June 27th, Sue Rivett bought 4,586 shares of Pharos Energy stock. The stock was bought at an average price of GBX 21 per share, with a total value of £963.06.

Pharos Energy Stock Performance

PHAR stock traded up GBX 0.60 during trading on Tuesday, reaching GBX 22. The company had a trading volume of 536,020 shares, compared to its average volume of 392,337. The company has a debt-to-equity ratio of 14.99, a quick ratio of 1.72 and a current ratio of 2.02. Pharos Energy plc has a twelve month low of GBX 17.50 and a twelve month high of GBX 27.98. The firm has a 50-day simple moving average of GBX 21.23 and a 200-day simple moving average of GBX 20.89. The company has a market cap of £90.60 million, a price-to-earnings ratio of 407.41, a price-to-earnings-growth ratio of -0.02 and a beta of 1.61.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a "house stock" rating on shares of Pharos Energy in a research note on Thursday, July 17th.

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.