Insider Buying: Savannah Energy PLC (LON:SAVE) Insider Acquires 2,050,000 Shares of 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 price of GBX 8 ($0.10) per share, with a total value of £164,000 ($211,394.69).

Savannah Energy Stock Performance

SAVE opened at GBX 7.60 ($0.10) on Monday. The company has a market cap of £9.97 billion, a price-to-earnings ratio of -4.93 and a beta of 0.86. The company’s fifty day moving average price is GBX 18 and its two-hundred day moving average price is GBX 22.20. 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 current ratio of 0.76, a quick ratio of 0.57 and a debt-to-equity ratio of 228.16.

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 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.