Pharos Energy PLC (OTCMKTS:SOCLF – Get Free Report)’s share price rose 9.2% during mid-day trading on Thursday. The stock traded as high as $0.3865 and last traded at $0.3865. 1,000 shares changed hands during trading, an increase of 400% from the average session volume of 200 shares. The stock had previously closed at $0.3538.
Pharos Energy Price Performance
The stock’s 50-day moving average price is $0.38 and its 200-day moving average price is $0.39.
About Pharos Energy
Pharos Energy plc is an independent oil and gas exploration and production company headquartered in the United Kingdom. Formerly known as SOCO International plc, the company adopted the Pharos Energy name in 2019. Its business is focused on finding, developing and producing crude oil and natural gas through interests in international upstream assets.
Pharos has historically maintained a significant presence in Vietnam, including interests in offshore producing fields such as the Te Giac Trang and Ca Ngu Vang fields.
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