Genel Energy (LON:GENL) Shares Down 1.9% – Here’s What Happened

Genel Energy plc (LON:GENLGet Free Report) was down 1.9% during trading on Thursday . The company traded as low as GBX 62.60 ($0.79) and last traded at GBX 62.60 ($0.79). Approximately 735,392 shares were traded during mid-day trading, an increase of 125% from the average daily volume of 326,948 shares. The stock had previously closed at GBX 63.80 ($0.81).

Genel Energy Trading Down 1.9 %

The stock has a market capitalization of £173.51 million, a PE ratio of -695.56, a price-to-earnings-growth ratio of -0.03 and a beta of 1.13. The business’s 50-day moving average is GBX 77.85 and its two-hundred day moving average is GBX 83.57. 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 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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