Shares of Pharos Energy plc (LON:PHAR – Get Free Report) shot up 1.7% on Friday. The company traded as high as GBX 29.93 and last traded at GBX 29.90. Approximately 1,136,880 shares changed hands during trading, an increase of 32% from the average session volume of 862,693 shares. The stock had previously closed at GBX 29.40.
Pharos Energy Trading Up 1.7%
The firm’s 50 day moving average price is GBX 29.70 and its 200-day moving average price is GBX 27.32. The company has a market cap of £123.82 million, a P/E ratio of -29.90, a price-to-earnings-growth ratio of -0.02 and a beta of 0.32.
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.
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