Pharos Energy (LON:PHAR) Shares Up 0.7% – What’s Next?

Pharos Energy plc (LON:PHAR) was up 0.7% on Thursday. The stock traded as high as GBX 29.70 and last traded at GBX 29.70. Approximately 1,076,119 shares changed hands during mid-day trading, an increase of 27% from the average daily volume of 846,375 shares. The stock had previously closed at GBX 29.50.

Pharos Energy Trading Up 0.7%

The stock has a market capitalization of £122.99 million, a P/E ratio of -29.70, a P/E/G ratio of -0.02 and a beta of 0.32. The business has a 50-day moving average price of GBX 30.16 and a two-hundred day moving average price of GBX 28.31.

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.