Shares of Savannah Energy PLC (LON:SAVE – Get Free Report) fell 64.3% on Wednesday . The stock traded as low as GBX 10 ($0.13) and last traded at GBX 10 ($0.13). 3,000,000 shares were traded during trading, a decline of 23% from the average session volume of 3,875,443 shares. The stock had previously closed at GBX 28 ($0.37).
Savannah Energy Trading Down 64.3 %
The firm has a fifty day moving average of GBX 22.02 and a two-hundred day moving average of GBX 23.79. The company has a market cap of £131 million, a PE ratio of -1,000.00 and a beta of 0.86. The company has a current ratio of 1.30, a quick ratio of 0.57 and a debt-to-equity ratio of 203.31.
About Savannah Energy
Savannah Energy PLC, together with its subsidiaries, engages in the exploration, development, and production of natural gas and crude oil. It holds license interest in Agadem Rift Basin prospective located in the southeast Niger covering an area of approximately 13,655 square kilometers. The company also has an 80% interest in the Uquo field asset; 51% interest in the Stubb Creek oil and gas field; and 80% interest in the Accugas midstream assets located in southeast Nigeria.
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