Insider Buying: Pharos Energy (LON:PHAR) Insider Buys £1,434.88 in Stock

Pharos Energy plc (LON:PHAR) insider Katherine Roe acquired 7,552 shares of Pharos Energy stock in a transaction dated Tuesday, December 30th. The shares were bought at an average cost of GBX 19 per share, for a total transaction of £1,434.88.

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

• On Thursday, November 27th, Katherine Roe bought 7,390 shares of Pharos Energy stock. The stock was bought at an average cost of GBX 20 per share, with a total value of £1,478.
• On Monday, October 27th, Katherine Roe bought 6,677 shares of Pharos Energy stock. The shares were bought at an average price of GBX 22 per share, with a total value of £1,468.94.

Pharos Energy Price Performance

PHAR opened at GBX 20.20 on Friday. The company has a debt-to-equity ratio of 14.99, a current ratio of 2.02 and a quick ratio of 1.72. The stock’s 50 day simple moving average is GBX 20.33 and its 200 day simple moving average is GBX 20.94. The firm has a market cap of £83.33 million, a price-to-earnings ratio of 20.20, a PEG ratio of -0.02 and a beta of 1.61. Pharos Energy plc has a 1 year low of GBX 17.50 and a 1 year high of GBX 27.98.

Analyst Ratings Changes

Several research analysts recently commented on PHAR shares. Peel Hunt reaffirmed a “buy” rating and issued a GBX 55 target price on shares of Pharos Energy in a research note on Tuesday, December 9th. Shore Capital restated a “house stock” rating on shares of Pharos Energy in a research report on Tuesday, October 21st. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Pharos Energy presently has a consensus rating of “Buy” and a consensus target price 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.