Genel Energy plc (LON:GENL - Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 64.08 ($0.86) and traded as low as GBX 52.10 ($0.70). Genel Energy shares last traded at GBX 52.80 ($0.71), with a volume of 87,421 shares traded.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reduced their price objective 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.
View Our Latest Analysis on GENL
Genel Energy Trading Up 1.7%
The firm has a market capitalization of £184.40 million, a P/E ratio of -8.70, a price-to-earnings-growth ratio of -0.03 and a beta of 1.13. The company has a debt-to-equity ratio of 59.32, a quick ratio of 5.87 and a current ratio of 5.26. The firm has a 50 day moving average price of GBX 55.28 and a two-hundred day moving average price of GBX 63.58.
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.
Further Reading
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