Genel Energy plc (LON:GENL – Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 78.92 ($0.98) and traded as high as GBX 84.01 ($1.05). Genel Energy shares last traded at GBX 83.40 ($1.04), with a volume of 350,777 shares traded.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group decreased their target price on shares of Genel Energy from GBX 110 ($1.37) to GBX 105 ($1.31) and set a “speculative buy” rating on the stock in a research report on Wednesday, March 27th.
View Our Latest Report on GENL
Genel Energy Stock Down 0.1 %
About Genel Energy
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; 44% working interest in the Taq Taq PSC; and 30% working interest in the Sarta PSC located in the Kurdistan Region of Iraq (KRI).
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