Insider Buying: Savannah Energy PLC (LON:SAVE) Insider Acquires 2,050,000 Shares of Stock

Savannah Energy PLC (LON:SAVE - Get Free Report) insider Andrew Knott bought 2,050,000 shares of the business's stock in a transaction on Friday, April 4th. The stock was bought at an average cost of GBX 8 ($0.10) per share, with a total value of £164,000 ($211,558.31).

Savannah Energy Stock Performance

SAVE stock opened at GBX 7.60 ($0.10) on Friday. The company has a debt-to-equity ratio of 228.16, a current ratio of 0.76 and a quick ratio of 0.57. Savannah Energy PLC has a 1 year low of GBX 7 ($0.09) and a 1 year high of GBX 13.60 ($0.18). The company has a market cap of £9.97 billion, a P/E ratio of -4.93 and a beta of 0.86. The stock's fifty day moving average price is GBX 18 and its 200-day moving average price is GBX 22.14.

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.

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