Genel Energy plc (OTCMKTS:GEGYY - Get Free Report) shares fell 4.4% during mid-day trading on Friday . The company traded as low as $0.57 and last traded at $0.57. 142 shares traded hands during trading, an increase of 2,459% from the average session volume of 6 shares. The stock had previously closed at $0.60.
Genel Energy Stock Down 4.4%
The business's fifty day moving average price is $0.88 and its 200 day moving average price is $0.83.
Genel Energy Company Profile
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Genel Energy plc, through its subsidiaries, operates as an independent oil and gas exploration and production company. It operates through two segments, Production and Pre-production. The Production segment holds a 25% working interest in the Tawke PSC; and 44% working interest in the Taq Taq PSC. The Pre-Production segment holds a 50% working interest in Odewayne and 51% working interest in SL10B13 block located in Somaliland; and 75% working interest in Lagzira block in Morocco.
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