Savannah Energy Plc (SAVP.L) (LON:SAVP) Share Price Passes Above Fifty Day Moving Average of $8.90

Shares of Savannah Energy Plc (SAVP.L) (LON:SAVP) passed above its fifty day moving average during trading on Tuesday . 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) Price Performance

The company has a debt-to-equity ratio of 8.01, a quick ratio of 0.88 and a current ratio of 0.88. The company has a 50-day moving average price of GBX 8.90 and a 200-day moving average price of GBX 8.90. The firm has a market capitalization of £88.68 million and a P/E ratio of -8.09.

About Savannah Energy Plc (SAVP.L)

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.