Pharos Energy plc (LON:PHAR) Insider Sue Rivett Acquires 4,123 Shares

Pharos Energy plc (LON:PHAR) insider Sue Rivett acquired 4,123 shares of the company’s stock in a transaction on Friday, December 27th. The stock was purchased at an average cost of GBX 24 ($0.30) per share, for a total transaction of £989.52 ($1,241.56).

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

• On Wednesday, October 23rd, Sue Rivett sold 479,596 shares of Pharos Energy stock. The shares were sold at an average price of GBX 23 ($0.29), for a total transaction of £110,307.08 ($138,402.86).

Pharos Energy Stock Up 1.5 %

PHAR stock opened at GBX 24.15 ($0.30) on Tuesday. The company has a market cap of £99.70 million, a P/E ratio of -805.00, a P/E/G ratio of -0.02 and a beta of 1.61. The company has a current ratio of 2.84, a quick ratio of 1.72 and a debt-to-equity ratio of 5.01. The company’s 50-day moving average price is GBX 22.36 and its 200 day moving average price is GBX 23.81. Pharos Energy plc has a 52 week low of GBX 18.05 ($0.23) and a 52 week high of GBX 27.50 ($0.35).

Analysts Set New Price Targets

Separately, Shore Capital reissued a “house stock” rating on shares of Pharos Energy in a report on Friday, December 6th.

About Pharos Energy

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.