Key Points
- Pharos Energy insider Sue Rivett bought 3,546 shares on May 27 at GBX 28 each, a transaction worth about £992.88.
- This follows another recent purchase by Rivett in April, while she also sold shares in February, indicating mixed insider activity over the past few months.
- Pharos Energy shares were down 1.5% to GBX 27, while analysts currently rate the stock a Buy with a consensus target price of GBX 45.50.
Pharos Energy plc (LON:PHAR - Get Free Report) insider Sue Rivett acquired 3,546 shares of the company's stock in a transaction that occurred on Wednesday, May 27th. The stock was bought at an average price of GBX 28 per share, with a total value of £992.88.
Sue Rivett also recently made the following trade(s):
- On Monday, April 27th, Sue Rivett acquired 3,482 shares of Pharos Energy stock. The stock was bought at an average price of GBX 28 per share, with a total value of £974.96.
- On Friday, February 27th, Sue Rivett sold 4,030 shares of Pharos Energy stock. The shares were sold at an average price of GBX 24, for a total value of £967.20.
Pharos Energy Trading Down 1.5%
LON PHAR opened at GBX 27 on Friday. The stock has a 50-day simple moving average of GBX 27.85 and a 200 day simple moving average of GBX 23.87. The company has a market capitalization of £111.81 million, a PE ratio of -16.88, a P/E/G ratio of -0.02 and a beta of 0.30. Pharos Energy plc has a 12 month low of GBX 18.25 and a 12 month high of GBX 31.
Wall Street Analysts Forecast Growth
Separately, Shore Capital Group reiterated a "house stock" rating and issued a GBX 36 price objective on shares of Pharos Energy in a report on Tuesday, May 12th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of "Buy" and a consensus target price of GBX 45.50.
View Our Latest Analysis on PHAR
Pharos Energy Company Profile
(
Get Free Report)
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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