Shares of Genel Energy plc (LON:GENL - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 85.26 ($1.10) and traded as high as GBX 86.88 ($1.12). Genel Energy shares last traded at GBX 85.30 ($1.10), with a volume of 360,484 shares changing hands.
Genel Energy Stock Down 6.1 %
The business has a 50-day simple moving average of GBX 76.65 and a 200-day simple moving average of GBX 85.27. The company has a debt-to-equity ratio of 59.32, a quick ratio of 5.87 and a current ratio of 5.26. The company has a market cap of £222.02 million, a price-to-earnings ratio of -890.00, a price-to-earnings-growth ratio of -0.03 and a beta of 1.13.
Insider Transactions at Genel Energy
In other news, insider Yetik Mert acquired 81,000 shares of the company's stock in a transaction that occurred on Friday, September 6th. The stock was purchased at an average cost of GBX 75 ($0.97) per share, with a total value of £60,750 ($78,175.27). Company insiders own 68.09% of the company's stock.
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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