Pharos Energy plc (LON:PHAR) Insider Sue Rivett Purchases 4,125 Shares

Pharos Energy plc (LON:PHAR) insider Sue Rivett bought 4,125 shares of the stock in a transaction dated Monday, April 29th. The stock was purchased at an average price of GBX 24 ($0.30) per share, with a total value of £990 ($1,243.56).

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

• On Wednesday, March 27th, Sue Rivett bought 4,607 shares of Pharos Energy stock. The stock was purchased at an average price of GBX 21 ($0.26) per share, with a total value of £967.47 ($1,215.26).

Pharos Energy Trading Down 1.5 %

Shares of PHAR opened at GBX 22.80 ($0.29) on Friday. 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 50-day moving average of GBX 21.20 and a 200 day moving average of GBX 21.54. The firm has a market capitalization of £95.93 million, a price-to-earnings ratio of -253.33, a PEG ratio of -0.02 and a beta of 1.64. The company has a debt-to-equity ratio of 14.99, a current ratio of 2.02 and a quick ratio of 1.72.

Pharos Energy Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, July 19th. Investors of record on Thursday, June 13th will be issued a dividend of GBX 0.77 ($0.01) per share. This is a positive change from Pharos Energy’s previous dividend of $0.33. The ex-dividend date is Thursday, June 13th. This represents a yield of 3.67%. Pharos Energy’s dividend payout ratio (DPR) is presently -2,222.22%.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of Pharos Energy in a report on Wednesday, March 27th.

About Pharos Energy

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.