Genel Energy (LON:GENL) Stock Price Down 9.1% - Time to Sell?

Shares of Genel Energy plc (LON:GENL - Get Free Report) dropped 9.1% during mid-day trading on Friday . The stock traded as low as GBX 66.47 ($0.83) and last traded at GBX 67 ($0.83). Approximately 594,971 shares changed hands during mid-day trading, an increase of 37% from the average daily volume of 433,980 shares. The stock had previously closed at GBX 73.70 ($0.92).

Genel Energy Price Performance

The firm has a 50-day simple moving average of GBX 73.70 and a 200-day simple moving average of GBX 80.42. The firm has a market capitalization of £177.40 million, a PE ratio of -711.11, a PEG ratio of -0.03 and a beta of 1.13. The company has a debt-to-equity ratio of 59.32, a current ratio of 5.26 and a quick ratio of 5.87.

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.