Pharos Energy (LON:PHAR) Insider Katherine Roe Buys 6,764 Shares

Pharos Energy plc (LON:PHAR) insider Katherine Roe acquired 6,764 shares of Pharos Energy stock in a transaction that occurred on Tuesday, January 27th. The stock was acquired at an average cost of GBX 22 per share, with a total value of £1,488.08.

Katherine Roe also recently made the following trade(s):

• On Tuesday, December 30th, Katherine Roe bought 7,552 shares of Pharos Energy stock. The shares were acquired at an average cost of GBX 19 per share, for a total transaction of £1,434.88.
• On Thursday, November 27th, Katherine Roe bought 7,390 shares of Pharos Energy stock. The shares were bought at an average price of GBX 20 per share, for a total transaction of £1,478.

Pharos Energy Price Performance

Shares of LON:PHAR opened at GBX 21.20 on Thursday. The stock has a market capitalization of £87.46 million, a P/E ratio of 21.20, a P/E/G ratio of -0.02 and a beta of 1.61. The business has a 50-day moving average of GBX 20.44 and a two-hundred day moving average of GBX 20.99. Pharos Energy plc has a fifty-two week low of GBX 17.50 and a fifty-two week high of GBX 25.90. The company has a debt-to-equity ratio of 14.99, a current ratio of 2.02 and a quick ratio of 1.72.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on PHAR shares. Peel Hunt reaffirmed a “buy” rating and set a GBX 55 target price on shares of Pharos Energy in a research report on Tuesday, December 9th. Shore Capital reaffirmed a “house stock” rating on shares of Pharos Energy in a report on Thursday, January 22nd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 55.

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.