Savannah Energy PLC (LON:SAVE – Get Free Report)’s share price shot up 6.1% on Monday . The company traded as high as GBX 7.85 and last traded at GBX 7.85. 1,687,821 shares changed hands during mid-day trading, an increase of 3% from the average session volume of 1,633,058 shares. The stock had previously closed at GBX 7.40.
Savannah Energy Price Performance
The company has a current ratio of 0.76, a quick ratio of 0.57 and a debt-to-equity ratio of 228.16. The stock has a 50-day moving average price of GBX 6.28 and a 200 day moving average price of GBX 6.93. The stock has a market capitalization of £166.47 million, a price-to-earnings ratio of 0.98 and a beta of 0.86.
About Savannah Energy
With over 200 MMboe of hydrocarbon resources in Nigeria and Niger, and a Reserves and Resources life of over 26 years, Savannah aspires to play a long-term role in supplying the energy Africa needs. 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 17% of Nigeria’s available thermal power generation capacity.
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