Shares of Genel Energy plc (LON:GENL - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 68.12 ($0.92) and traded as low as GBX 54 ($0.73). Genel Energy shares last traded at GBX 54 ($0.73), with a volume of 173,613 shares.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group dropped their price target on Genel Energy from GBX 98 ($1.32) to GBX 92 ($1.24) and set a "speculative buy" rating for the company in a research note on Wednesday, March 19th.
Read Our Latest Stock Analysis on GENL
Genel Energy Stock Down 1.1 %
The firm has a market capitalization of £192.04 million, a PE ratio of -9.06, a PEG ratio of -0.03 and a beta of 1.13. The company has a fifty day moving average price of GBX 60.86 and a 200-day moving average price of GBX 67.48. The company has a debt-to-equity ratio of 59.32, a quick ratio of 5.87 and a current ratio of 5.26.
Genel Energy Company Profile
(
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Genel Energy is a socially responsible oil producer with a low-cost and low-carbon production asset in the Kurdistan Region of Iraq and exploration assets in Oman, Morocco and Somaliland and listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). Genel's strategy is designed to build a business with resilient and diversified cash flows that delivers sustainable value to shareholders, and with the aim of restarting the payment of a regular dividend.
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