Pharos Energy (LON:PHAR) Earns “House Stock” Rating from Shore Capital

Pharos Energy (LON:PHAR)‘s stock had its “house stock” rating reaffirmed by analysts at Shore Capital in a report released on Thursday, MarketBeat Ratings reports.

Pharos Energy Price Performance

Pharos Energy stock opened at GBX 24.80 ($0.31) on Thursday. The firm’s fifty day moving average is GBX 23.74 and its 200 day moving average is GBX 24.11. Pharos Energy has a 52-week low of GBX 18.05 ($0.23) and a 52-week high of GBX 27.98 ($0.35). The company has a quick ratio of 1.72, a current ratio of 2.84 and a debt-to-equity ratio of 5.01. The company has a market cap of £102.38 million, a price-to-earnings ratio of -826.67, a PEG ratio of -0.02 and a beta of 1.61.

Insider Buying and Selling at Pharos Energy

In related news, insider Katherine Roe bought 6,348 shares of the company’s stock in a transaction on Wednesday, November 27th. The shares were acquired at an average cost of GBX 23 ($0.29) per share, for a total transaction of £1,460.04 ($1,823.00). Also, insider Sue Rivett acquired 4,123 shares of Pharos Energy stock in a transaction on Friday, December 27th. The shares were purchased at an average price of GBX 24 ($0.30) per share, for a total transaction of £989.52 ($1,235.51). Insiders acquired 16,874 shares of company stock worth $392,225 over the last 90 days. Company insiders own 51.33% of the company’s stock.

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.