Pharos Energy plc (LON:PHAR) Insider Sue Rivett Buys 4,875 Shares

Pharos Energy plc (LON:PHAR - Get Free Report) insider Sue Rivett acquired 4,875 shares of Pharos Energy stock in a transaction on Monday, April 28th. The shares were bought at an average price of GBX 20 ($0.27) per share, for a total transaction of £975 ($1,293.79).

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

• On Friday, April 4th, Sue Rivett sold 563,456 shares of Pharos Energy stock. The shares were sold at an average price of GBX 21 ($0.28), for a total value of £118,325.76 ($157,014.01).
• On Thursday, March 27th, Sue Rivett purchased 4,118 shares of Pharos Energy stock. The stock was bought at an average price of GBX 24 ($0.32) per share, with a total value of £988.32 ($1,311.46).
• On Thursday, February 27th, Sue Rivett acquired 4,001 shares of Pharos Energy stock. The shares were purchased at an average price of GBX 24 ($0.32) per share, for a total transaction of £960.24 ($1,274.20).

Pharos Energy Stock Down 1.9 %

Shares of LON PHAR traded down GBX 0.38 ($0.00) during midday trading on Friday, reaching GBX 19.05 ($0.25). 187,155 shares of the company's stock were exchanged, compared to its average volume of 495,892. The stock has a market capitalization of £95.03 million, a PE ratio of -2.03, a price-to-earnings-growth ratio of -0.02 and a beta of 1.61. Pharos Energy plc has a 52-week low of GBX 17.50 ($0.23) and a 52-week high of GBX 27.98 ($0.37). The company has a debt-to-equity ratio of 14.99, a quick ratio of 1.72 and a current ratio of 2.02. The business's fifty day moving average price is GBX 20.88 and its two-hundred day moving average price is GBX 22.65.

Pharos Energy Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 18th. Stockholders of record on Thursday, June 12th will be paid a dividend of GBX 0.85 ($0.01) per share. This is a boost from Pharos Energy's previous dividend of $0.36. This represents a dividend yield of 3.67%. The ex-dividend date of this dividend is Thursday, June 12th. Pharos Energy's dividend payout ratio is -10.64%.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a "house stock" rating on shares of Pharos Energy in a report on Tuesday, April 1st.

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.