Pharos Energy (LON:PHAR) Insider Buys £950 in Stock

Pharos Energy plc (LON:PHAR) insider Sue Rivett bought 5,000 shares of the stock in a transaction on Tuesday, December 30th. The shares were bought at an average price of GBX 19 per share, for a total transaction of £950.

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

• On Thursday, November 27th, Sue Rivett purchased 4,894 shares of Pharos Energy stock. The shares were bought at an average cost of GBX 20 per share, for a total transaction of £978.80.
• On Monday, October 27th, Sue Rivett purchased 4,421 shares of Pharos Energy stock. The stock was bought at an average price of GBX 22 per share, with a total value of £972.62.

Pharos Energy Stock Down 4.3%

PHAR opened at GBX 20.20 on Friday. The stock has a market capitalization of £83.33 million, a price-to-earnings ratio of 20.20, a PEG ratio of -0.02 and a beta of 1.61. The firm has a 50 day moving average price of GBX 20.33 and a 200-day moving average price of GBX 20.94. Pharos Energy plc has a twelve month low of GBX 17.50 and a twelve month high of GBX 27.98. The company has a quick ratio of 1.72, a current ratio of 2.02 and a debt-to-equity ratio of 14.99.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on PHAR. Shore Capital reissued a “house stock” rating on shares of Pharos Energy in a report on Tuesday, October 21st. Peel Hunt reissued a “buy” rating and issued a GBX 55 target price on shares of Pharos Energy in a report on Tuesday, December 9th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 55.

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.