Shore Capital Reiterates “Under review” Rating for Savannah Energy (LON:SAVE)

Savannah Energy (LON:SAVE)‘s stock had its “under review” rating restated by investment analysts at Shore Capital in a report issued on Wednesday,Digital Look reports.

Savannah Energy Stock Performance

Savannah Energy stock opened at GBX 26.25 ($0.33) on Wednesday. The business has a 50-day simple moving average of GBX 23 and a two-hundred day simple moving average of GBX 23.50. The company has a market cap of £343.88 million, a P/E ratio of -2,625.00 and a beta of 0.86. Savannah Energy has a 52-week low of GBX 26.25 ($0.33) and a 52-week high of GBX 26.25 ($0.33). The company has a quick ratio of 0.57, a current ratio of 1.30 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.