Savannah Energy PLC (LON:SAVE) Insider Andrew Knott Acquires 1,540,000 Shares of Stock

Savannah Energy PLC (LON:SAVE) insider Andrew Knott purchased 1,540,000 shares of the firm’s stock in a transaction on Monday, May 19th. The stock was acquired at an average price of GBX 6 ($0.08) per share, for a total transaction of £92,400 ($123,413.92).

Andrew Knott also recently made the following trade(s):

• On Friday, April 4th, Andrew Knott acquired 2,050,000 shares of Savannah Energy stock. The shares were bought at an average cost of GBX 8 ($0.11) per share, for a total transaction of £164,000 ($219,046.35).

Savannah Energy Trading Down 2.3%

Shares of LON SAVE opened at GBX 6.40 ($0.09) on Tuesday. The company has a market cap of £8.40 billion, a price-to-earnings ratio of -4.15 and a beta of 0.86. The business’s 50 day moving average price is GBX 7.48 and its 200-day moving average price is GBX 19. Savannah Energy PLC has a fifty-two week low of GBX 6.30 ($0.08) 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.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Savannah Energy in a report on Monday.

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.