Insider Buying: Savannah Energy (LON:SAVE) Insider Acquires £877.20 in Stock

Key Points

  • Insider Andrew Knott purchased 129 Savannah Energy shares at an average price of GBX 680, for a total investment of £877.20.
  • Savannah Energy shares opened at GBX 5.51, below their 50-day and 200-day moving averages of GBX 5.93 and GBX 7.17, respectively. The stock has traded between GBX 4.73 and GBX 10.10 over the past year.
  • The company has a market capitalization of approximately £115.08 million, a price-to-earnings ratio of 0.69, and operates hydrocarbon and power projects in Africa, including gas operations in Nigeria.

Savannah Energy PLC (LON:SAVE - Get Free Report) insider Andrew Knott acquired 129 shares of the firm's stock in a transaction that occurred on Friday, August 7th. The stock was acquired at an average price of GBX 680 per share, with a total value of £877.20.

Savannah Energy Stock Performance

Shares of LON SAVE opened at GBX 5.51 on Friday. The business's 50-day simple moving average is GBX 5.93 and its 200-day simple moving average is GBX 7.17. Savannah Energy PLC has a 52 week low of GBX 4.73 and a 52 week high of GBX 10.10. The company has a debt-to-equity ratio of 233.90, a quick ratio of 0.57 and a current ratio of 1.12. The firm has a market cap of £115.08 million, a price-to-earnings ratio of 0.69 and a beta of 0.29.

About Savannah Energy

(Get Free Report)

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 power projects. 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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