Insider Buying: Savannah Energy (LON:SAVE) Insider Purchases £877.20 in Stock

Savannah Energy PLC (LON:SAVE) insider Andrew Knott acquired 129 shares of the business’s stock in a transaction dated Friday, August 7th. The stock was acquired at an average price of GBX 680 per share, with a total value of £877.20.

Savannah Energy Stock Performance

Shares of LON:SAVE opened at GBX 5.51 on Monday. Savannah Energy PLC has a 1 year low of GBX 4.73 and a 1 year high of GBX 10.10. The firm has a market capitalization of £115.08 million, a price-to-earnings ratio of 0.69 and a beta of 0.29. The company has a debt-to-equity ratio of 233.90, a current ratio of 1.12 and a quick ratio of 0.57. The business’s 50 day moving average price is GBX 5.93 and its 200-day moving average price is GBX 7.17.

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 power projects.

With over 200 MMboe of hydrocarbon resources in Nigeria and Niger, and a Reserves and Resources life of over 26 years, Savannah aspires to play a long-term role in supplying the energy Africa needs. 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 17% of Nigeria’s available thermal power generation capacity.