Savannah Energy (LON:SAVE) Sets New 52-Week Low – Here’s What Happened

Savannah Energy PLC (LON:SAVEGet Free Report)’s stock price reached a new 52-week low on Tuesday . The company traded as low as GBX 7.50 ($0.10) and last traded at GBX 7.50 ($0.10), with a volume of 2122953 shares traded. The stock had previously closed at GBX 7.70 ($0.10).

Analyst Ratings Changes

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

View Our Latest Report on SAVE

Savannah Energy Stock Down 0.6 %

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 22.44 and its 200 day moving average is GBX 23.44. The firm has a market capitalization of £10.50 billion, a PE ratio of -5.19 and a beta of 0.86.

About Savannah Energy

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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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