Sue Rivett Buys 4,479 Shares of Pharos Energy (LON:PHAR) Stock

Pharos Energy plc (LON:PHAR) insider Sue Rivett purchased 4,479 shares of Pharos Energy stock in a transaction dated Tuesday, January 27th. The shares were acquired at an average cost of GBX 22 per share, for a total transaction of £985.38.

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

• On Tuesday, December 30th, Sue Rivett acquired 5,000 shares of Pharos Energy stock. The shares were acquired at an average price of GBX 19 per share, with a total value of £950.
• On Thursday, November 27th, Sue Rivett acquired 4,894 shares of Pharos Energy stock. The stock was acquired at an average cost of GBX 20 per share, with a total value of £978.80.

Pharos Energy Stock Up 2.4%

Shares of PHAR stock opened at GBX 21.70 on Friday. The stock’s fifty day moving average price is GBX 20.47 and its 200 day moving average price is GBX 20.99. Pharos Energy plc has a 1-year low of GBX 17.50 and a 1-year high of GBX 25.90. The company has a market cap of £89.52 million, a price-to-earnings ratio of 21.70, a price-to-earnings-growth ratio of -0.02 and a beta of 1.61. The company has a debt-to-equity ratio of 14.99, a current ratio of 2.02 and a quick ratio of 1.72.

Wall Street Analyst Weigh In

PHAR has been the topic of several recent analyst reports. Shore Capital restated a “house stock” rating on shares of Pharos Energy in a report on Thursday, January 22nd. Peel Hunt reissued a “buy” rating and set a GBX 55 target price on shares of Pharos Energy in a research report on Tuesday, December 9th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has an average 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.