Insider Buying: Pharos Energy plc (LON:PHAR) Insider Purchases 4,586 Shares of Stock

Pharos Energy plc (LON:PHAR - Get Free Report) insider Sue Rivett acquired 4,586 shares of the company's stock in a transaction that occurred on Friday, June 27th. The shares were acquired at an average cost of GBX 21 ($0.29) per share, for a total transaction of £963.06 ($1,315.12).

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

• On Tuesday, May 27th, Sue Rivett purchased 4,877 shares of Pharos Energy stock. The stock was bought at an average price of GBX 20 ($0.27) per share, with a total value of £975.40 ($1,331.97).
• On Monday, April 28th, Sue Rivett acquired 4,875 shares of Pharos Energy stock. The shares were bought at an average cost of GBX 20 ($0.27) per share, with a total value of £975 ($1,331.42).
• 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 ($0.29), for a total transaction of £118,325.76 ($161,580.99).

Pharos Energy Stock Performance

Pharos Energy stock traded down GBX 1 ($0.01) during mid-day trading on Thursday, reaching GBX 20.90 ($0.29). 321,467 shares of the stock traded hands, compared to its average volume of 452,406. Pharos Energy plc has a 12-month low of GBX 17.50 ($0.24) and a 12-month high of GBX 27.98 ($0.38). The business's 50-day moving average is GBX 19.89 and its 200-day moving average is GBX 21.96. The company has a debt-to-equity ratio of 14.99, a current ratio of 2.02 and a quick ratio of 1.72. The stock has a market capitalization of £104.26 million, a PE ratio of -2.22, a price-to-earnings-growth ratio of -0.02 and a beta of 1.61.

Analyst Ratings Changes

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