Shore Capital Reiterates “Under review” Rating for Savannah Energy (LON:SAVE)

Savannah Energy (LON:SAVE)‘s stock had its “under review” rating restated by equities research analysts at Shore Capital in a research note issued to investors on Wednesday,Digital Look reports.

Savannah Energy Price Performance

SAVE stock opened at GBX 26.25 ($0.33) on Wednesday. Savannah Energy has a twelve month low of GBX 26.25 ($0.33) and a twelve month high of GBX 26.25 ($0.33). The company has a quick ratio of 0.57, a current ratio of 1.30 and a debt-to-equity ratio of 203.31. The stock has a market cap of £343.88 million, a P/E ratio of -2,625.00 and a beta of 0.86. The business’s 50-day moving average price is GBX 23 and its 200-day moving average price is GBX 23.50.

Savannah Energy Company Profile

Savannah Energy PLC, together with its subsidiaries, engages in the exploration, development, and production of natural gas and crude oil. It holds license interest in Agadem Rift Basin prospective located in the southeast Niger covering an area of approximately 13,655 square kilometers. The company also has an 80% interest in the Uquo field asset; 51% interest in the Stubb Creek oil and gas field; and 80% interest in the Accugas midstream assets located in southeast Nigeria.