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

Savannah Energy PLC (LON:SAVE) insider Andrew Knott acquired 2,050,000 shares of the stock in a transaction dated 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 ($211,476.47).

Savannah Energy Stock Performance

LON:SAVE opened at GBX 7.60 ($0.10) on Friday. The firm has a market capitalization of £9.97 billion, a PE ratio of -4.93 and a beta of 0.86. The stock’s fifty day moving average is GBX 18 and its 200 day moving average is GBX 22.23. Savannah Energy PLC has a fifty-two week low of GBX 7 ($0.09) and a fifty-two week high of GBX 13.60 ($0.18). The company has a debt-to-equity ratio of 228.16, a quick ratio of 0.57 and a current ratio of 0.76.

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.