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

Pharos Energy plc (LON:PHAR) insider Katherine Roe bought 6,764 shares of the company’s stock in a transaction that occurred on Tuesday, January 27th. The stock was purchased at an average price of GBX 22 per share, with a total value 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 acquired at an average price of GBX 19 per share, for a total transaction of £1,434.88.
• On Thursday, November 27th, Katherine Roe purchased 7,390 shares of Pharos Energy stock. The shares were acquired at an average cost of GBX 20 per share, for a total transaction of £1,478.

Pharos Energy Price Performance

Shares of Pharos Energy stock opened at GBX 21.40 on Wednesday. Pharos Energy plc has a 52-week low of GBX 17.50 and a 52-week high of GBX 25.90. The stock has a market capitalization of £88.28 million, a price-to-earnings ratio of 21.40, a price-to-earnings-growth ratio of -0.02 and a beta of 1.61. The company has a fifty day moving average of GBX 20.41 and a 200-day moving average of GBX 20.99. The company has a debt-to-equity ratio of 14.99, a quick ratio of 1.72 and a current ratio of 2.02.

Wall Street Analysts Forecast Growth

PHAR has been the topic of several analyst reports. Peel Hunt reiterated a “buy” rating and issued a GBX 55 price objective on shares of Pharos Energy in a report on Tuesday, December 9th. Shore Capital reaffirmed a “house stock” rating on shares of Pharos Energy in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average 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.