Savannah Energy (LON:SAVE) Shares Up 10.3% – Should You Buy?

Posted by James Quigley on Apr 4th, 2025

Savannah Energy PLC (LON:SAVE – Get Free Report) rose 10.3% during mid-day trading on Tuesday . The stock traded as high as GBX 8.25 ($0.11) and last traded at GBX 8 ($0.10). Approximately 2,149,939 shares were traded during trading, a decline of 41% from the average daily volume of 3,668,990 shares. The stock had previously closed at GBX 7.25 ($0.09).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated an “under review” rating on shares of Savannah Energy in a research report on Wednesday, December 4th.

Read Our Latest Research Report on SAVE

Savannah Energy Stock Up 1.3 %

The stock has a market cap of £10.50 billion, a P/E ratio of -5.19 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. The firm’s 50-day moving average is GBX 18.73 and its two-hundred day moving average is GBX 22.37.

Savannah Energy Company Profile

(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.