Sue Rivett Purchases 4,125 Shares of Pharos Energy plc (LON:PHAR) Stock

Pharos Energy plc (LON:PHAR - Get Free Report) insider Sue Rivett bought 4,125 shares of the company's stock in a transaction that occurred on Monday, April 29th. The stock was purchased at an average cost of GBX 24 ($0.30) per share, for a total transaction of £990 ($1,243.56).

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

• On Wednesday, March 27th, Sue Rivett bought 4,607 shares of Pharos Energy stock. The shares were acquired at an average price of GBX 21 ($0.26) per share, with a total value of £967.47 ($1,215.26).

Pharos Energy Stock Up 3.9 %

LON PHAR traded up GBX 0.90 ($0.01) during trading hours on Tuesday, hitting GBX 23.80 ($0.30). 28,838 shares of the company traded hands, compared to its average volume of 238,264. 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 50-day moving average is GBX 21.09 and its 200-day moving average is GBX 21.52. The stock has a market capitalization of £100.14 million, a price-to-earnings ratio of -264.44, a P/E/G ratio of -0.02 and a beta of 1.64. Pharos Energy plc has a twelve month low of GBX 18.05 ($0.23) and a twelve month high of GBX 25 ($0.31).

Pharos Energy Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, July 19th. Investors of record on Thursday, June 13th will be paid a GBX 0.77 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, June 13th. This is a boost from Pharos Energy's previous dividend of $0.33. This represents a dividend yield of 3.67%. Pharos Energy's dividend payout ratio (DPR) is currently -2,222.22%.

Analysts Set New Price Targets

Separately, Shore Capital reissued a "house stock" rating on shares of Pharos Energy in a research report on Wednesday, March 27th.

Pharos Energy Company Profile

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.