Pharos Energy (LON:PHAR) Stock Price Breaks Above 50 Day Moving Average – Here’s Why

Pharos Energy plc (LON:PHAR – Get Free Report) shares passed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of GBX 29.70 and traded as high as GBX 29.93. Pharos Energy shares last traded at GBX 29.90, with a volume of 1,136,880 shares trading hands.

Pharos Energy Trading Up 1.7%

The stock’s 50 day simple moving average is GBX 29.70 and its 200 day simple moving average is GBX 27.32. The stock has a market capitalization of £123.82 million, a P/E ratio of -29.90, a P/E/G ratio of -0.02 and a beta of 0.32.

About Pharos Energy

(Get Free Report)

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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