Pharos Energy plc (LON:PHAR – Get Free Report) announced a dividend on Wednesday, September 18th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, December 19th will be given a dividend of GBX 0.36 ($0.00) per share on Wednesday, January 22nd. This represents a yield of 1.53%. The ex-dividend date of this dividend is Thursday, December 19th. The official announcement can be seen at this link.
Pharos Energy Trading Down 2.5 %
PHAR stock opened at GBX 22.14 ($0.28) on Tuesday. The company has a current ratio of 2.84, a quick ratio of 1.72 and a debt-to-equity ratio of 5.01. Pharos Energy has a 12-month low of GBX 18.05 ($0.23) and a 12-month high of GBX 27.50 ($0.35). The stock has a market cap of £91.40 million, a price-to-earnings ratio of -756.67, a PEG ratio of -0.02 and a beta of 1.61. The business’s 50-day moving average is GBX 22.59 and its 200 day moving average is GBX 23.87.
Analyst Upgrades and Downgrades
Separately, Shore Capital reiterated a “house stock” rating on shares of Pharos Energy in a report on Friday, December 6th.
Insider Activity at Pharos Energy
In related news, insider Sue Rivett bought 3,944 shares of the stock in a transaction on Friday, September 27th. The shares were bought at an average cost of GBX 25 ($0.32) per share, for a total transaction of £986 ($1,250.95). Also, insider Katherine Roe purchased 6,348 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were purchased at an average price of GBX 23 ($0.29) per share, for a total transaction of £1,460.04 ($1,852.37). Over the last three months, insiders purchased 16,695 shares of company stock worth $391,873. Company insiders own 51.33% of the company’s stock.
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.
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