Pharos Energy plc (LON:PHAR) Insider Katherine Roe Buys 6,348 Shares

Pharos Energy plc (LON:PHAR) insider Katherine Roe purchased 6,348 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was acquired at an average cost of GBX 23 ($0.29) per share, for a total transaction of £1,460.04 ($1,859.69).

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

• On Monday, October 28th, Katherine Roe bought 6,403 shares of Pharos Energy stock. The stock was purchased at an average cost of GBX 23 ($0.29) per share, for a total transaction of £1,472.69 ($1,875.80).

Pharos Energy Stock Performance

LON:PHAR opened at GBX 21.80 ($0.28) on Friday. Pharos Energy plc has a twelve month low of GBX 18.05 ($0.23) and a twelve month high of GBX 27.50 ($0.35). The firm has a market capitalization of £90.00 million, a price-to-earnings ratio of -726.67, a PEG ratio of -0.02 and a beta of 1.61. The company has a current ratio of 2.84, a quick ratio of 1.72 and a debt-to-equity ratio of 5.01. The firm’s fifty day simple moving average is GBX 22.90 and its 200 day simple moving average is GBX 23.92.

Pharos Energy Cuts Dividend

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

Analyst Upgrades and Downgrades

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

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.