Insider Selling: Genel Energy (LON:GENL) Insider Sells £6,468.16 in Stock

Genel Energy plc (LON:GENL) insider Yetik Mert sold 11,152 shares of the company’s stock in a transaction on Thursday, November 27th. The stock was sold at an average price of GBX 58, for a total value of £6,468.16.

Yetik Mert also recently made the following trade(s):

• On Friday, November 28th, Yetik Mert sold 39,507 shares of Genel Energy stock. The stock was sold at an average price of GBX 58, for a total transaction of £22,914.06.

Genel Energy Stock Performance

Shares of GENL stock opened at GBX 57.90 on Thursday. Genel Energy plc has a 12 month low of GBX 48.28 and a 12 month high of GBX 83.29. The company has a current ratio of 5.26, a quick ratio of 5.87 and a debt-to-equity ratio of 59.32. The company has a market cap of £159.42 million, a P/E ratio of -2.94, a PEG ratio of -0.03 and a beta of 1.13. The firm has a fifty day moving average price of GBX 64.28 and a 200 day moving average price of GBX 61.77.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Jefferies Financial Group raised their price target on Genel Energy from GBX 85 to GBX 90 and gave the stock a “buy” rating in a report on Monday, October 20th. Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 80 price target on shares of Genel Energy in a report on Wednesday, August 6th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of GBX 85.

Genel Energy Company Profile

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.