Pharos Energy (LON:PHAR) Insider Sue Rivett Sells 4,030 Shares

Pharos Energy plc (LON:PHAR) insider Sue Rivett sold 4,030 shares of the business’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of GBX 24, for a total transaction of £967.20.

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

• On Tuesday, January 27th, Sue Rivett purchased 4,479 shares of Pharos Energy stock. The stock was acquired at an average cost of GBX 22 per share, with a total value of £985.38.
• On Tuesday, December 30th, Sue Rivett purchased 5,000 shares of Pharos Energy stock. The stock was bought at an average price of GBX 19 per share, with a total value of £950.

Pharos Energy Trading Up 0.8%

PHAR opened at GBX 24.60 on Friday. The stock has a 50-day moving average of GBX 22.06 and a 200 day moving average of GBX 21.35. The company has a current ratio of 5.25, a quick ratio of 1.72 and a debt-to-equity ratio of 0.07. Pharos Energy plc has a 12 month low of GBX 17.50 and a 12 month high of GBX 25.90. The firm has a market cap of £101.48 million, a P/E ratio of 24.60, a P/E/G ratio of -0.02 and a beta of 1.61.

Analysts Set New Price Targets

PHAR has been the topic of several analyst reports. Peel Hunt reissued a “buy” rating and set a GBX 55 target price on shares of Pharos Energy in a research report on Tuesday, December 9th. Shore Capital Group reaffirmed a “house stock” rating on shares of Pharos Energy in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of GBX 55.

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.