Pharos Energy (LON:PHAR) Trading 0.5% Higher – Here’s Why

Posted by Editorial Team on May 21st, 2025

Pharos Energy plc (LON:PHAR – Get Free Report) shares rose 0.5% during trading on Tuesday . The stock traded as high as GBX 19.95 ($0.27) and last traded at GBX 19.25 ($0.26). Approximately 380,492 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 456,038 shares. The stock had previously closed at GBX 19.15 ($0.26).

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “house stock” rating on shares of Pharos Energy in a research note on Tuesday, April 1st.

Check Out Our Latest Stock Analysis on PHAR

Pharos Energy Stock Performance

The company’s 50-day simple moving average is GBX 20.11 and its 200 day simple moving average is GBX 22.45. The company has a current ratio of 2.02, a quick ratio of 1.72 and a debt-to-equity ratio of 14.99. The stock has a market cap of £96.03 million, a P/E ratio of -2.05, a PEG ratio of -0.02 and a beta of 1.61.

Pharos Energy Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, July 18th. Shareholders of record on Thursday, June 12th will be given a dividend of GBX 0.85 ($0.01) per share. The ex-dividend date is Thursday, June 12th. This represents a dividend yield of 3.67%. This is a boost from Pharos Energy’s previous dividend of $0.36. Pharos Energy’s dividend payout ratio (DPR) is currently -10.64%.

Insider Buying and Selling

In related news, insider Sue Rivett purchased 4,118 shares of the stock in a transaction that occurred on Thursday, March 27th. The shares were bought at an average price of GBX 24 ($0.32) per share, with a total value of £988.32 ($1,323.58). In the last quarter, insiders have purchased 12,994 shares of company stock valued at $292,356. 51.33% of the stock is owned by company insiders.

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.