Sue Rivett Acquires 5,000 Shares of Pharos Energy (LON:PHAR) Stock

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

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

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

Pharos Energy Stock Performance

LON:PHAR opened at GBX 21.10 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. Pharos Energy plc has a 1 year low of GBX 17.50 and a 1 year high of GBX 27.98. The stock’s 50 day simple moving average is GBX 20.36 and its two-hundred day simple moving average is GBX 20.94. The company has a market cap of £87.05 million, a price-to-earnings ratio of 21.10, a PEG ratio of -0.02 and a beta of 1.61.

Wall Street Analyst Weigh In

PHAR has been the topic of a number of recent research reports. Peel Hunt reaffirmed 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 restated a “house stock” rating on shares of Pharos Energy in a report on Tuesday, October 21st. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target 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.