Sue Rivett Purchases 4,452 Shares of Pharos Energy plc (LON:PHAR) Stock

Key Points

• Sue Rivett, an insider at Pharos Energy, has purchased a total of 4,452 shares at an average cost of GBX 22 ($0.29) per share, totaling approximately £979.44 ($1,308.54), along with earlier buys of 4,586 and 4,877 shares in June and May.
• Pharos Energy's shares are currently trading at GBX 21.26 ($0.28), representing a 2.5% decline and indicating a market cap of £106.03 million with negative performance metrics such as a price-to-earnings ratio of -2.26.
• Analysts at Shore Capital recently reiterated a "house stock" rating on Pharos Energy, recognizing the company's position in the oil and gas exploration and production sector.

Pharos Energy plc (LON:PHAR - Get Free Report) insider Sue Rivett purchased 4,452 shares of Pharos Energy stock in a transaction dated Monday, July 28th. The shares were bought at an average cost of GBX 22 ($0.29) per share, for a total transaction of £979.44 ($1,308.54).

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

• On Friday, June 27th, Sue Rivett purchased 4,586 shares of Pharos Energy stock. The shares were bought at an average cost of GBX 21 ($0.28) per share, for a total transaction of £963.06 ($1,286.65).
• On Tuesday, May 27th, Sue Rivett bought 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 ($1,303.14).

Pharos Energy Trading Down 2.5%

Shares of LON PHAR opened at GBX 21.26 ($0.28) on Tuesday. The company has a market cap of £106.03 million, a price-to-earnings ratio of -2.26, a price-to-earnings-growth ratio of -0.02 and a beta of 1.61. Pharos Energy plc has a 12-month low of GBX 17.50 ($0.23) and a 12-month high of GBX 27.98 ($0.37). The company has a current ratio of 2.02, a quick ratio of 1.72 and a debt-to-equity ratio of 14.99. The stock's 50 day simple moving average is GBX 20.44 and its 200 day simple moving average is GBX 21.61.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a "house stock" rating on shares of Pharos Energy in a research report on Thursday, July 17th.

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.

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