Insider Selling: Pharos Energy (LON:PHAR) Insider Sells £967.20 in Stock

Pharos Energy plc (LON:PHAR) insider Sue Rivett sold 4,030 shares of Pharos Energy stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of GBX 24, for a total transaction of £967.20.

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

• On Tuesday, January 27th, Sue Rivett purchased 4,479 shares of Pharos Energy stock. The stock was purchased at an average price of GBX 22 per share, with a total value of £985.38.
• On Tuesday, December 30th, Sue Rivett purchased 5,000 shares of Pharos Energy stock. The stock was purchased at an average price of GBX 19 per share, with a total value of £950.

Pharos Energy Trading Up 1.2%

Pharos Energy stock opened at GBX 24.90 on Friday. The firm has a market capitalization of £102.72 million, a price-to-earnings ratio of 24.90, a P/E/G ratio of -0.02 and a beta of 0.50. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.72 and a current ratio of 5.25. Pharos Energy plc has a 52 week low of GBX 17.50 and a 52 week high of GBX 25.90. The company has a 50 day moving average price of GBX 22.17 and a 200 day moving average price of GBX 21.37.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on PHAR. Shore Capital Group reiterated a “house stock” rating on shares of Pharos Energy in a report on Thursday, January 22nd. Peel Hunt restated a “buy” rating and set a GBX 55 price objective 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 data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target 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.