Pharos Energy (LON:PHAR) Stock Price Up 1.7% – Here’s Why

Pharos Energy plc (LON:PHAR – Get Free Report) was up 1.7% during mid-day trading on Friday. The stock traded as high as GBX 29.93 and last traded at GBX 29.90. 1,136,880 shares traded hands during trading, an increase of 32% from the average daily volume of 862,693 shares. The stock had previously closed at GBX 29.40.

Pharos Energy Stock Up 1.7%

The stock has a market cap of £123.82 million, a price-to-earnings ratio of -29.90, a PEG ratio of -0.02 and a beta of 0.32. The business’s 50 day simple moving average is GBX 29.70 and its 200 day simple moving average is GBX 27.32.

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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