Insider Buying: Pharos Energy (LON:PHAR) Insider Acquires £972.62 in Stock

Pharos Energy plc (LON:PHAR) insider Sue Rivett acquired 4,421 shares of the company’s stock in a transaction dated Monday, October 27th. The shares were bought at an average cost of GBX 22 per share, with a total value of £972.62.

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

• On Monday, September 29th, Sue Rivett acquired 4,459 shares of Pharos Energy stock. The shares were bought at an average cost of GBX 22 per share, with a total value of £980.98.
• On Wednesday, August 27th, Sue Rivett acquired 4,408 shares of Pharos Energy stock. The shares were bought at an average cost of GBX 22 per share, with a total value of £969.76.

Pharos Energy Stock Performance

LON PHAR opened at GBX 20.80 on Friday. Pharos Energy plc has a 52-week low of GBX 17.50 and a 52-week high of GBX 27.98. The company has a debt-to-equity ratio of 14.99, a quick ratio of 1.72 and a current ratio of 2.02. The company has a market capitalization of £85.81 million, a P/E ratio of 20.80, a P/E/G ratio of -0.02 and a beta of 1.61. The company has a fifty day moving average of GBX 21.50 and a 200-day moving average of GBX 20.68.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Pharos Energy in a research note on Tuesday, October 21st.

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.