Pharos Energy plc (LON:PHAR – Get Free Report) insider Katherine Roe purchased 5,355 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were bought at an average cost of GBX 28 per share, for a total transaction of £1,499.40.
Pharos Energy Stock Up 2.2%
Shares of LON PHAR opened at GBX 28 on Thursday. The firm’s 50-day moving average price is GBX 27.86 and its 200-day moving average price is GBX 23.83. The company has a market cap of £115.95 million, a PE ratio of -17.50, a PEG ratio of -0.02 and a beta of 0.30. Pharos Energy plc has a 52-week low of GBX 18.25 and a 52-week high of GBX 31.
Wall Street Analyst Weigh In
Separately, Shore Capital Group reissued a “house stock” rating and issued a GBX 36 price objective on shares of Pharos Energy in a report on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Pharos Energy has a consensus rating of “Buy” and an average price target of GBX 45.50.
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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