Shore Capital Reaffirms House Stock Rating for Pharos Energy (LON:PHAR)

Pharos Energy (LON:PHAR)‘s stock had its “house stock” rating reissued by stock analysts at Shore Capital in a research report issued on Thursday,Digital Look reports.

Pharos Energy Trading Down 2.8 %

Pharos Energy stock opened at GBX 24.97 ($0.31) on Thursday. The stock has a 50-day moving average price of GBX 23.67 and a 200 day moving average price of GBX 24.11. The company has a market capitalization of £103.08 million, a price-to-earnings ratio of -832.33, a price-to-earnings-growth ratio of -0.02 and a beta of 1.61. Pharos Energy has a 52 week low of GBX 18.05 ($0.22) and a 52 week high of GBX 27.98 ($0.34). The company has a quick ratio of 1.72, a current ratio of 2.84 and a debt-to-equity ratio of 5.01.

Insider Activity

In other news, insider Katherine Roe acquired 6,403 shares of the company’s stock in a transaction dated Monday, October 28th. The shares were acquired at an average price of GBX 23 ($0.28) per share, with a total value of £1,472.69 ($1,812.99). Also, insider Sue Rivett bought 4,123 shares of the business’s stock in a transaction dated Friday, December 27th. The shares were purchased at an average cost of GBX 24 ($0.30) per share, with a total value of £989.52 ($1,218.17). Insiders have acquired 16,874 shares of company stock valued at $392,225 in the last ninety days. Insiders own 51.33% of the company’s stock.

About Pharos Energy

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.