Insider Selling: Savannah Energy (LON:SAVE) Insider Sells £500.01 in Stock

Savannah Energy PLC (LON:SAVE) insider Sarah Clark sold 7,143 shares of the stock in a transaction dated Friday, October 23rd. The shares were sold at an average price of GBX 7, for a total transaction of £500.01.

Savannah Energy Price Performance

Shares of Savannah Energy stock opened at GBX 5.51 on Monday. The company has a debt-to-equity ratio of 233.90, a quick ratio of 0.57 and a current ratio of 1.12. The stock has a 50 day moving average price of GBX 5.51 and a 200-day moving average price of GBX 6.64. The stock has a market cap of £115.08 million, a price-to-earnings ratio of 0.69 and a beta of 0.29. Savannah Energy PLC has a one year low of GBX 4.73 and a one year high of GBX 10.10.

Savannah Energy Company Profile

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.