Pharos Energy plc (LON:PHAR) Insider Katherine Roe Buys 6,348 Shares of Stock

Pharos Energy plc (LON:PHAR) insider Katherine Roe purchased 6,348 shares of Pharos Energy stock in a transaction dated Wednesday, November 27th. The shares were purchased at an average cost of GBX 23 ($0.29) per share, for a total transaction of £1,460.04 ($1,853.31).

Katherine Roe also recently made the following trade(s):

• On Monday, October 28th, Katherine Roe acquired 6,403 shares of Pharos Energy stock. The stock was purchased at an average price of GBX 23 ($0.29) per share, with a total value of £1,472.69 ($1,869.37).

Pharos Energy Stock Up 2.0 %

Shares of Pharos Energy stock opened at GBX 22.45 ($0.28) on Friday. Pharos Energy plc has a 52-week low of GBX 18.05 ($0.23) and a 52-week high of GBX 27.50 ($0.35). The company has a debt-to-equity ratio of 5.01, a quick ratio of 1.72 and a current ratio of 2.84. The business’s 50 day simple moving average is GBX 22.95 and its 200 day simple moving average is GBX 23.92. The firm has a market cap of £92.68 million, a PE ratio of -733.33, a P/E/G ratio of -0.02 and a beta of 1.61.

Pharos Energy Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, January 22nd. Stockholders of record on Thursday, December 19th will be issued a GBX 0.36 ($0.00) dividend. The ex-dividend date is Thursday, December 19th. This represents a dividend yield of 1.53%. Pharos Energy’s dividend payout ratio (DPR) is presently -3,333.33%.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of Pharos Energy in a report on Tuesday, September 10th.

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.