Pharos Energy PLC (OTCMKTS:SOCLF – Get Free Report) shares dropped 12.1% during mid-day trading on Friday . The stock traded as low as $0.3555 and last traded at $0.3555. 6,000 shares changed hands during trading, an increase of 122,349% from the average daily volume of 5 shares. The stock had previously closed at $0.4045.
Pharos Energy Stock Down 12.1%
The stock has a fifty day moving average of $0.41 and a 200 day moving average of $0.35.
About Pharos Energy
Pharos Energy PLC is a London-headquartered independent oil and gas exploration and production company. It focuses on the development, production and optimisation of upstream hydrocarbon assets, with a particular emphasis on cost-effective field operations and reservoir management. The company’s corporate office is based in the City of London, underlining its status as a UK-listed operator with an international footprint.
The company’s flagship asset is its interest in the West Gharib onshore concession in Egypt’s Gulf of Suez region, where Pharos Energy oversees drilling, production, facility maintenance and reservoir surveillance.
Read More
- Five stocks we like better than Pharos Energy
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
Receive News & Ratings for Pharos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pharos Energy and related companies with MarketBeat.com's FREE daily email newsletter.
-logo.png){kind=logo}
