Savannah Energy (LON:SAVE) Trading Down 2.7% – Should You Sell?

Savannah Energy PLC (LON:SAVE) fell 2.7% during mid-day trading on Monday . The company traded as low as GBX 5.45 and last traded at GBX 5.52. 4,045,143 shares changed hands during mid-day trading, a decline of 4% from the average session volume of 4,214,367 shares. The stock had previously closed at GBX 5.68.

Savannah Energy Stock Performance

The firm’s fifty day moving average is GBX 6.97 and its 200 day moving average is GBX 7.06. The firm has a market capitalization of £107.09 million, a price-to-earnings ratio of 0.63 and a beta of 0.86. The company has a debt-to-equity ratio of 228.16, a current ratio of 0.76 and a quick ratio of 0.57.

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 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.