Insider Buying: Pharos Energy plc (LON:PHAR) Insider Buys 6,348 Shares of Stock

Posted by Jeff Wilder on Nov 28th, 2024

Pharos Energy plc (LON:PHAR – Get Free Report) insider Katherine Roe acquired 6,348 shares of the stock in a transaction on Wednesday, November 27th. The stock was bought at an average price of GBX 23 ($0.29) per share, with a total value of £1,460.04 ($1,850.96).

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

On Monday, October 28th, Katherine Roe purchased 6,403 shares of Pharos Energy stock. The shares were bought at an average cost of GBX 23 ($0.29) per share, for a total transaction of £1,472.69 ($1,867.00).

Pharos Energy Stock Performance

Shares of Pharos Energy stock opened at GBX 22 ($0.28) on Thursday. Pharos Energy plc has a 52 week low of GBX 18.05 ($0.23) and a 52 week high of GBX 27.50 ($0.35). The company has a debt-to-equity ratio of 5.01, a quick ratio of 1.72 and a current ratio of 2.84. The stock has a market capitalization of £90.82 million, a price-to-earnings ratio of -733.33, a PEG ratio of -0.02 and a beta of 1.61. The firm has a fifty day moving average of GBX 23.01 and a two-hundred day moving average of GBX 23.94.

Pharos Energy Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, January 22nd. Shareholders of record on Thursday, December 19th will be paid a GBX 0.36 ($0.00) dividend. This represents a yield of 1.53%. The ex-dividend date is Thursday, December 19th. Pharos Energy’s payout ratio is -3,333.33%.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “house stock” rating on shares of Pharos Energy in a research report on Tuesday, September 10th.

Read Our Latest Report on PHAR

Pharos Energy Company Profile

(Get Free Report)

Pharos Energy plc, an independent energy company, engages in the exploration, development, and production of oil and gas properties in Vietnam, Egypt, and China. The company was formerly known as SOCO International plc and changed its name to Pharos Energy plc in October 2019. Pharos Energy plc was incorporated in 1997 and is headquartered in London, the United Kingdom.