Pharos Energy plc (LON:PHAR) Insider Buys £990 in Stock

Pharos Energy plc (LON:PHAR - Get Free Report) insider Sue Rivett acquired 4,125 shares of the stock in a transaction on Monday, April 29th. The shares were acquired at an average cost of GBX 24 ($0.30) per share, for a total transaction of £990 ($1,243.56).

Sue Rivett also recently made the following trade(s):

  • On Wednesday, March 27th, Sue Rivett acquired 4,607 shares of Pharos Energy stock. The shares were acquired at an average cost of GBX 21 ($0.26) per share, for a total transaction of £967.47 ($1,215.26).

Pharos Energy Trading Up 3.9 %

Shares of Pharos Energy stock opened at GBX 23.80 ($0.30) on Wednesday. Pharos Energy plc has a 1 year low of GBX 18.05 ($0.23) and a 1 year high of GBX 25 ($0.31). The company has a debt-to-equity ratio of 14.99, a quick ratio of 1.72 and a current ratio of 2.02. The company has a market capitalization of £100.14 million, a P/E ratio of -264.44, a PEG ratio of -0.02 and a beta of 1.64. The company's fifty day moving average is GBX 21.09 and its two-hundred day moving average is GBX 21.52.

Pharos Energy Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, July 19th. Stockholders of record on Thursday, June 13th will be issued a GBX 0.77 ($0.01) dividend. This is an increase from Pharos Energy's previous dividend of $0.33. The ex-dividend date is Thursday, June 13th. This represents a dividend yield of 3.67%. Pharos Energy's payout ratio is presently -2,222.22%.

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Separately, Shore Capital reissued a "house stock" rating on shares of Pharos Energy in a research report on Wednesday, March 27th.

Get Our Latest Research Report on Pharos Energy

About Pharos Energy

(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.

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