Pharos Energy plc (LON:PHAR) Insider Purchases £975 in Stock

Pharos Energy plc (LON:PHAR - Get Free Report) insider Sue Rivett bought 4,875 shares of Pharos Energy stock in a transaction that occurred on Monday, April 28th. The shares were acquired at an average price of GBX 20 ($0.27) per share, with a total value of £975 ($1,295.34).

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

• On Friday, April 4th, Sue Rivett sold 563,456 shares of Pharos Energy stock. The stock was sold at an average price of GBX 21 ($0.28), for a total transaction of £118,325.76 ($157,201.75).
• On Thursday, March 27th, Sue Rivett acquired 4,118 shares of Pharos Energy stock. The shares were bought at an average cost of GBX 24 ($0.32) per share, with a total value of £988.32 ($1,313.03).
• On Thursday, February 27th, Sue Rivett bought 4,001 shares of Pharos Energy stock. The stock was purchased at an average cost of GBX 24 ($0.32) per share, for a total transaction of £960.24 ($1,275.73).

Pharos Energy Trading Up 6.3 %

Shares of PHAR stock traded up GBX 1.20 ($0.02) on Thursday, hitting GBX 20.20 ($0.27). 17,367,445 shares of the company's stock traded hands, compared to its average volume of 499,623. The stock has a market capitalization of £100.77 million, a price-to-earnings ratio of -2.15, a P/E/G ratio of -0.02 and a beta of 1.61. The company's fifty day simple moving average is GBX 21.06 and its 200 day simple moving average is GBX 22.73. Pharos Energy plc has a one year low of GBX 17.50 ($0.23) and a one year 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.

Pharos Energy Increases Dividend

The business also recently disclosed 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 (DPR) is -10.64%.

Analysts Set New Price Targets

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

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.