Yetik Mert Buys 81,000 Shares of Genel Energy plc (LON:GENL) Stock

Genel Energy plc (LON:GENLGet Free Report) insider Yetik Mert acquired 81,000 shares of Genel Energy stock in a transaction on Friday, September 6th. The shares were bought at an average cost of GBX 75 ($0.99) per share, with a total value of £60,750 ($79,881.66).

Genel Energy Stock Performance

Shares of GENL stock opened at GBX 73.30 ($0.96) on Friday. The company has a market cap of £203.17 million, a price-to-earnings ratio of -814.44, a price-to-earnings-growth ratio of -0.03 and a beta of 1.16. The stock has a 50 day simple moving average of GBX 86.76 and a 200-day simple moving average of GBX 87.61. Genel Energy plc has a 12-month low of GBX 64.10 ($0.84) and a 12-month high of GBX 103 ($1.35). The company has a current ratio of 5.26, a quick ratio of 5.87 and a debt-to-equity ratio of 59.32.

About Genel Energy

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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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