Insider Buying: Pharos Energy (LON:PHAR) Insider Purchases 5,000 Shares of Stock

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

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

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

Pharos Energy Stock Performance

Shares of LON PHAR opened at GBX 20 on Wednesday. The company has a current ratio of 2.02, a quick ratio of 1.72 and a debt-to-equity ratio of 14.99. The company has a market capitalization of £82.51 million, a P/E ratio of 20.00, a P/E/G ratio of -0.02 and a beta of 1.61. Pharos Energy plc has a 12 month low of GBX 17.50 and a 12 month high of GBX 27.98. The stock has a 50 day moving average of GBX 20.34 and a 200-day moving average of GBX 20.94.

Analyst Ratings Changes

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