Genel Energy plc (OTCMKTS:GEGYF – Get Free Report)’s stock price was down 6.5% during mid-day trading on Tuesday . The company traded as low as $0.8040 and last traded at $0.8040. Approximately 10,000 shares changed hands during trading, a decline of 26% from the average daily volume of 13,517 shares. The stock had previously closed at $0.8598.
Genel Energy Stock Performance
The firm has a 50-day simple moving average of $0.91 and a 200 day simple moving average of $0.84.
Genel Energy Company Profile
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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