Savannah Energy (LON:SAVE) Insider Sells £500.01 in Stock

Key Points

  • Insider Sarah Clark sold 7,143 Savannah Energy shares on October 23 at an average price of 7 pence, for total proceeds of £500.01.
  • Savannah shares opened at 5.51 pence; they had a 12-month range of 4.73–10.10 pence and a market capitalization of about £115.08 million.
  • Savannah Energy focuses on energy projects in Africa, with hydrocarbon resources in Nigeria and Niger and a significant gas production and distribution business in Nigeria.

Savannah Energy PLC (LON:SAVE - Get Free Report) insider Sarah Clark sold 7,143 shares of the company's stock in a transaction that occurred on Friday, October 23rd. The stock was sold at an average price of GBX 7, for a total value of £500.01.

Savannah Energy Price Performance

Shares of LON SAVE opened at GBX 5.51 on Friday. The company has a quick ratio of 0.57, a current ratio of 1.12 and a debt-to-equity ratio of 233.90. The business's 50 day moving average price is GBX 5.51 and its two-hundred day moving average price is GBX 6.64. Savannah Energy PLC has a twelve month low of GBX 4.73 and a twelve month high of GBX 10.10. The company has a market cap of £115.08 million, a PE ratio of 0.69 and a beta of 0.29.

Savannah Energy Company Profile

(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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