Savanna Energy Services (TSE: SVY) Savanna Energy Services traded down 0.42% on Monday, hitting $7.06. Savanna Energy Services has a 1-year low of $6.30 and a 1-year high of $8.42. The stock?s 50-day moving average is currently $7.2. The company has a market cap of $604.4 million and a price-to-earnings ratio of 11.82.
A number of other analysts have also recently weighed in on SVY. Analysts at Raymond James downgraded shares of Savanna Energy Services from a ?strong-buy? rating to an ?outperform? rating in a research note to investors on Friday. They now have a $9.00 price target on the stock, down previously from $9.75. Finally, analysts at Global Hunter Securities downgraded shares of Savanna Energy Services from an ?accumulate? rating to a ?neutral? rating in a research note to investors on Monday, January 14th.
The company also recently declared a mar 13 dividend, which is scheduled for Monday, April 15th. Shareholders of record on Thursday, March 28th will be given a dividend of $0.03 per share.
Savanna Energy Services Corp. (Savanna) is an oilfield services provider. The Company’s business is focused in the drilling, well services and oilfield equipment rental segment of the oilfield services industry and its operations are based in Canada and the United States with operations in Australia.