Savannah Energy Plc (SAVP.L) (LON:SAVP) Shares Pass Above 50 Day Moving Average of $8.90

Savannah Energy Plc (SAVP.L) (LON:SAVPGet Free Report)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 8.90 ($0.11) and traded as high as GBX 8.90 ($0.11). Savannah Energy Plc (SAVP.L) shares last traded at GBX 8.90 ($0.11), with a volume of 1,128,348 shares trading hands.

Savannah Energy Plc (SAVP.L) Stock Up 12.7 %

The firm has a market cap of £88.68 million and a P/E ratio of -8.09. The firm’s 50 day moving average is GBX 8.90 and its two-hundred day moving average is GBX 8.90. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 8.01.

Savannah Energy Plc (SAVP.L) Company Profile

(Get Free Report)

Savannah Petroleum Plc, an oil and gas company, engages in the exploration of hydrocarbons in the Republic of Niger. The company's principal assets are the R1/R2 and R3/R4 PSC that cover an area of 13,655 km2 located in the Agadem rift basin in South East Niger. Savannah Petroleum Plc was incorporated in 2014 and is based in London, the United Kingdom.

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