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Savannah Energy (LON:SAVE) Reaches New 1-Year Low - What's Next?

Savannah Energy logo with Energy background

Shares of Savannah Energy PLC (LON:SAVE - Get Free Report) hit a new 52-week low on Tuesday . The stock traded as low as GBX 6.97 ($0.09) and last traded at GBX 7.40 ($0.10), with a volume of 1167698 shares traded. The stock had previously closed at GBX 7.30 ($0.10).

Savannah Energy Stock Down 3.4 %

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 stock has a market capitalization of £9.19 billion, a PE ratio of -4.54 and a beta of 0.86. The business has a 50 day moving average of GBX 10.12 and a two-hundred day moving average of GBX 19.90.

Insider Buying and Selling at Savannah Energy

In other Savannah Energy news, insider Andrew Knott bought 2,050,000 shares of the company's stock in a transaction dated Friday, April 4th. The stock was acquired at an average price of GBX 8 ($0.11) per share, with a total value of £164,000 ($217,882.29). Company insiders own 15.77% of the company's stock.

About Savannah Energy

(Get Free Report)

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.

Further Reading

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