Shares of Pharos Energy plc (OTCMKTS:SOCLF – Get Free Report) dropped 7% on Tuesday . The company traded as low as $0.30 and last traded at $0.30. 5,000 shares were traded during trading, an increase of 669% from the average daily volume of 650 shares. The stock had previously closed at $0.33.
Pharos Energy Stock Performance
The firm’s 50 day simple moving average is $0.27 and its 200-day simple moving average is $0.29.
About Pharos Energy
Pharos Energy plc, an independent energy company, engages in the exploration, development, and production of oil and gas properties in Vietnam, Egypt, and China. The company was formerly known as SOCO International plc and changed its name to Pharos Energy plc in October 2019. Pharos Energy plc was incorporated in 1997 and is headquartered in London, the United Kingdom.
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