Savannah Energy PLC (LON:SAVE) Insider Acquires £164,000 in Stock

Savannah Energy PLC (LON:SAVE) insider Andrew Knott bought 2,050,000 shares of Savannah Energy stock in a transaction on Friday, April 4th. The stock was acquired at an average cost of GBX 8 ($0.10) per share, for a total transaction of £164,000 ($211,394.69).

Savannah Energy Trading Down 5.0 %

Shares of Savannah Energy stock opened at GBX 7.60 ($0.10) on Monday. The firm has a market capitalization of £9.97 billion, a PE ratio of -4.93 and a beta of 0.86. The company has a current ratio of 0.76, a quick ratio of 0.57 and a debt-to-equity ratio of 228.16. The firm’s 50 day moving average is GBX 18 and its 200 day moving average is GBX 22.20. Savannah Energy PLC has a 1 year low of GBX 7 ($0.09) and a 1 year high of GBX 13.60 ($0.18).

About Savannah Energy

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.