Insider Selling: Pharos Energy plc (LON:PHAR) Insider Sells 199,212 Shares of Stock

Pharos Energy plc (LON:PHAR) insider Sue Rivett sold 199,212 shares of the stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of GBX 24 ($0.30), for a total value of £47,810.88 ($59,488.47).

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

• On Monday, January 27th, Sue Rivett purchased 3,798 shares of Pharos Energy stock. The stock was bought at an average price of GBX 26 ($0.32) per share, for a total transaction of £987.48 ($1,228.67).
• On Friday, December 27th, Sue Rivett bought 4,123 shares of Pharos Energy stock. The stock was bought at an average price of GBX 24 ($0.30) per share, with a total value of £989.52 ($1,231.21).

Pharos Energy Stock Performance

PHAR stock traded down GBX 1.61 ($0.02) on Tuesday, hitting GBX 23.69 ($0.29). The company’s stock had a trading volume of 208,674 shares, compared to its average volume of 644,994. Pharos Energy plc has a 1 year low of GBX 18.05 ($0.22) and a 1 year high of GBX 27.98 ($0.35). The company has a current ratio of 2.84, a quick ratio of 1.72 and a debt-to-equity ratio of 5.01. The stock has a market cap of £97.82 million, a price-to-earnings ratio of -789.80, a price-to-earnings-growth ratio of -0.02 and a beta of 1.61. The firm has a 50 day moving average of GBX 23.80 and a two-hundred day moving average of GBX 24.12.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “house stock” rating on shares of Pharos Energy in a research report on Thursday, January 23rd.

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.