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Pharos Energy (OTCMKTS:SOCLF) Shares Up 7% - Time to Buy?

Pharos Energy logo with Energy background

Key Points

  • Pharos Energy PLC shares rose by 7% during trading on Monday, reaching a high of $0.27 before closing at the same price after previously closing at $0.26.
  • The company's fifty-day moving average is $0.27, while its two-hundred-day moving average stands at $0.29, indicating recent stock performance trends.
  • Founded in 1997 and headquartered in London, Pharos Energy engages in oil and gas exploration, development, and production across Vietnam, Egypt, and China.
  • Looking to Export and Analyze Pharos Energy Data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Pharos Energy PLC (OTCMKTS:SOCLF - Get Free Report) rose 7% on Monday . The company traded as high as $0.27 and last traded at $0.27. Approximately 30,720 shares traded hands during mid-day trading, The stock had previously closed at $0.26.

Pharos Energy Stock Up 7.0%

The stock has a fifty day moving average of $0.27 and a two-hundred day moving average of $0.29.

Pharos Energy Company Profile

(Get Free Report)

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.

Further Reading

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