Pharos Energy PLC (OTCMKTS:SOCLF – Get Free Report) was up 9.2% during trading on Thursday. The company traded as high as $0.3865 and last traded at $0.3865. 1,000 shares were traded during trading, an increase of 400% from the average daily volume of 200 shares. The stock had previously closed at $0.3538.
Pharos Energy Stock Performance
The firm’s fifty day simple moving average is $0.38 and its two-hundred day simple moving average is $0.39.
Pharos Energy Company Profile
Pharos Energy plc is an independent oil and gas exploration and production company focused on developing and producing hydrocarbons in Vietnam and Egypt. Its activities include exploration, field development, drilling, production operations and the management of interests in oil and gas concessions.
In Vietnam, Pharos holds interests in the Te Giac Trang and Ca Ngu Vang fields, located offshore in the Cuu Long Basin. These assets have historically formed the core of the company’s production portfolio.
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