Savannah Energy PLC (LON:SAVE - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 6.70 ($0.09) and last traded at GBX 7.10 ($0.09), with a volume of 452720 shares trading hands. The stock had previously closed at GBX 7.20 ($0.10).
Savannah Energy Stock Up 12.0%
The business's 50 day moving average price is GBX 7.67 and its 200-day moving average price is GBX 19.48. The firm has a market capitalization of £10.43 billion, a PE ratio of -5.16 and a beta of 0.86. The company has a debt-to-equity ratio of 228.16, a quick ratio of 0.57 and a current ratio of 0.76.
Insider Activity
In related news, insider Andrew Knott purchased 2,050,000 shares of Savannah Energy stock in a transaction dated Friday, April 4th. The shares were acquired at an average cost of GBX 8 ($0.11) per share, with a total value of £164,000 ($218,259.25). Insiders own 15.77% of the company's stock.
About Savannah Energy
(
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Savannah Energy PLC is a British independent energy company focused around the delivery of Projects that Matter in Africa. We are active in both hydrocarbon and renewable energy projects.
In Nigeria, Savannah has a significant controlling interest in a large-scale integrated gas production and distribution business which is capable of supplying gas to enable approximately 20% of Nigeria's thermal power generation capacity.
See Also
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