The stock of Savannah Petroleum PLC (LON:SAVP) is a huge mover today! The stock increased 5.02% or GBX 1.38 on November 30, hitting GBX 28.75. About 296,427 shares traded hands or 158.41% up from the average. Savannah Petroleum PLC (LON:SAVP) has risen 15.87% since April 29, 2016 and is uptrending. It has outperformed by 10.65% the S&P500.
The move comes after 7 months positive chart setup for the GBX 79.34M company. It was reported on Nov, 30 by Barchart.com. We have GBX 29.61 PT which if reached, will make LON:SAVP worth GBX 2.38M more.
Savannah Petroleum PLC (LON:SAVP) Ratings Coverage
Out of 2 analysts covering Savannah Petroleum Plc (LON:SAVP), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Savannah Petroleum Plc has been the topic of 6 analyst reports since August 27, 2015 according to StockzIntelligence Inc. The rating was maintained by Panmure Gordon on Tuesday, September 27 with “Buy”. Panmure Gordon maintained the shares of SAVP in a report on Monday, November 16 with “Buy” rating. As per Thursday, November 17, the company rating was maintained by Shore Capital. The firm earned “Buy” rating on Thursday, August 27 by Shore Capital.
Another recent and important Savannah Petroleum PLC (LON:SAVP) news was published by Ft.com which published an article titled: “Savannah Petroleum to float on Aim” on July 29, 2014.
Savannah Petroleum PLC is a United Kingdom gas and oil company. The company has a market cap of 79.34 million GBP. The Company’s principal activity is the management of its investment in Savannah Petroleum 1 Limited . It currently has negative earnings. SP1 is a subsidiary of the Company.