Savannah Energy PLC (LON:SAVE - Get Free Report) reached a new 52-week low on Friday . The stock traded as low as GBX 5.95 ($0.08) and last traded at GBX 6.26 ($0.08), with a volume of 1505642 shares changing hands. The stock had previously closed at GBX 6.50 ($0.09).
Analyst Ratings Changes
Separately, Shore Capital restated a "house stock" rating on shares of Savannah Energy in a research report on Monday, May 19th.
Check Out Our Latest Research Report on SAVE
Savannah Energy Stock Performance
The firm has a market cap of £7.87 billion, a PE ratio of -3.89 and a beta of 0.86. The firm has a 50-day moving average price of GBX 7.11 and a two-hundred day moving average price of GBX 17.31. The company has a quick ratio of 0.57, a current ratio of 0.76 and a debt-to-equity ratio of 228.16.
Insider Activity
In other news, insider Andrew Knott bought 2,050,000 shares of the firm's stock in a transaction dated Friday, April 4th. The shares were acquired at an average price of GBX 8 ($0.11) per share, for a total transaction of £164,000 ($222,705.05). Company 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.
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