Andrew Knott Acquires 1,540,000 Shares of Savannah Energy PLC (LON:SAVE) Stock

Savannah Energy PLC (LON:SAVE) insider Andrew Knott bought 1,540,000 shares of the stock in a transaction on Monday, May 19th. The stock was purchased at an average cost of GBX 6 ($0.08) per share, with a total value of £92,400 ($123,744.48).

Andrew Knott also recently made the following trade(s):

• On Friday, April 4th, Andrew Knott acquired 2,050,000 shares of Savannah Energy stock. The shares were bought at an average cost of GBX 8 ($0.11) per share, with a total value of £164,000 ($219,633.05).

Savannah Energy Price Performance

Shares of SAVE opened at GBX 6.40 ($0.09) on Wednesday. Savannah Energy PLC has a fifty-two week low of GBX 6.10 ($0.08) and a fifty-two week high of GBX 13.60 ($0.18). The firm has a market capitalization of £8.40 billion, a PE ratio of -4.15 and a beta of 0.86. The company’s 50-day moving average is GBX 7.45 and its 200-day moving average is GBX 18.91. The company has a debt-to-equity ratio of 228.16, a current ratio of 0.76 and a quick ratio of 0.57.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “house stock” rating on shares of Savannah Energy in a research note on Monday.

About Savannah Energy

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 renewable energy projects.

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 20% of Nigeria’s thermal power generation capacity.