Savannah Energy PLC (LON:SAVE - Get Free Report) shares hit a new 52-week low on Tuesday . The company traded as low as GBX 7 ($0.09) and last traded at GBX 7.10 ($0.09), with a volume of 865187 shares changing hands. The stock had previously closed at GBX 7.05 ($0.09).
Savannah Energy Price Performance
The stock's 50 day simple moving average is GBX 13.53 and its 200 day simple moving average is GBX 20.78. The company has a debt-to-equity ratio of 228.16, a quick ratio of 0.57 and a current ratio of 0.76. The firm has a market capitalization of £10.17 billion, a P/E ratio of -5.03 and a beta of 0.86.
Insiders Place Their Bets
In other Savannah Energy news, insider Andrew Knott acquired 2,050,000 shares of the business's stock in a transaction that occurred on Friday, April 4th. The shares were bought at an average cost of GBX 8 ($0.11) per share, with a total value of £164,000 ($218,143.12). 15.77% of the stock is currently owned by company insiders.
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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