Savannah Energy PLC (LON:SAVE – Get Free Report) shares traded up 2.2% during mid-day trading on Tuesday . The stock traded as high as GBX 6.95 and last traded at GBX 6.90. 1,912,402 shares were traded during mid-day trading, a decline of 7% from the average session volume of 2,060,411 shares. The stock had previously closed at GBX 6.75.
Savannah Energy Trading Up 4.3%
The company’s fifty day moving average is GBX 7.72 and its two-hundred day moving average is GBX 7.37. The stock has a market cap of £150.38 million, a price-to-earnings ratio of 0.90 and a beta of 0.30. The company has a quick ratio of 0.57, a current ratio of 1.12 and a debt-to-equity ratio of 163.70.
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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