Katherine Roe Acquires 6,764 Shares of Pharos Energy (LON:PHAR) Stock

Pharos Energy plc (LON:PHAR) insider Katherine Roe bought 6,764 shares of the business’s stock in a transaction that occurred on Tuesday, January 27th. The shares were bought at an average cost of GBX 22 per share, for a total transaction of £1,488.08.

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

• On Tuesday, December 30th, Katherine Roe bought 7,552 shares of Pharos Energy stock. The stock was purchased at an average price of GBX 19 per share, with a total value of £1,434.88.
• On Thursday, November 27th, Katherine Roe purchased 7,390 shares of Pharos Energy stock. The stock was purchased at an average price of GBX 20 per share, for a total transaction of £1,478.

Pharos Energy Stock Performance

Shares of PHAR stock opened at GBX 21.40 on Wednesday. The firm has a market capitalization of £88.28 million, a PE ratio of 21.40, a price-to-earnings-growth ratio of -0.02 and a beta of 1.61. The firm has a fifty day simple moving average of GBX 20.41 and a two-hundred day simple moving average of GBX 20.99. Pharos Energy plc has a 12 month low of GBX 17.50 and a 12 month high of GBX 25.90. The company has a current ratio of 2.02, a quick ratio of 1.72 and a debt-to-equity ratio of 14.99.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on PHAR. Shore Capital reaffirmed a “house stock” rating on shares of Pharos Energy in a report on Thursday, January 22nd. Peel Hunt reiterated a “buy” rating and issued a GBX 55 price objective on shares of Pharos Energy in a research note on Tuesday, December 9th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Pharos Energy has a consensus rating of “Buy” and a consensus target price of GBX 55.

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.