Pharos Energy (LON:PHAR) Insider Sue Rivett Purchases 3,546 Shares

Pharos Energy plc (LON:PHAR) insider Sue Rivett acquired 3,546 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were purchased at an average price of GBX 28 per share, for a total transaction of £992.88.

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

• On Monday, April 27th, Sue Rivett acquired 3,482 shares of Pharos Energy stock. The shares were purchased at an average price of GBX 28 per share, for a total transaction of £974.96.
• On Friday, February 27th, Sue Rivett sold 4,030 shares of Pharos Energy stock. The shares were sold at an average price of GBX 24, for a total transaction of £967.20.

Pharos Energy Stock Up 2.2%

PHAR stock opened at GBX 28 on Thursday. Pharos Energy plc has a twelve month low of GBX 18.25 and a twelve month high of GBX 31. The stock has a market capitalization of £115.95 million, a price-to-earnings ratio of -17.50, a price-to-earnings-growth ratio of -0.02 and a beta of 0.30. The firm’s fifty day simple moving average is GBX 27.86 and its two-hundred day simple moving average is GBX 23.83.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reiterated a “house stock” rating and set a GBX 36 price objective on shares of Pharos Energy in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of GBX 45.50.

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.