Pharos Energy (LON:PHAR) Insider Buys £1,488.08 in Stock

Pharos Energy plc (LON:PHAR) insider Katherine Roe bought 6,764 shares of Pharos Energy stock in a transaction dated Tuesday, January 27th. The stock was purchased at an average cost of GBX 22 per share, for a total transaction of £1,488.08.

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

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

Pharos Energy Stock Performance

Pharos Energy stock opened at GBX 21.80 on Friday. The company has a debt-to-equity ratio of 14.99, a current ratio of 2.02 and a quick ratio of 1.72. The firm has a market capitalization of £89.93 million, a P/E ratio of 21.80, a price-to-earnings-growth ratio of -0.02 and a beta of 1.61. Pharos Energy plc has a 1-year low of GBX 17.50 and a 1-year high of GBX 25.90. The company’s 50-day moving average is GBX 20.51 and its 200 day moving average is GBX 21.

Wall Street Analyst Weigh In

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