Genel Energy (LON:GENL) Stock Crosses Below Two Hundred Day Moving Average of $87.02

Genel Energy plc (LON:GENL)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 87.02 ($1.16) and traded as low as GBX 74 ($0.99). Genel Energy shares last traded at GBX 74.30 ($0.99), with a volume of 116,200 shares changing hands.

Genel Energy Stock Down 1.5 %

The stock has a market cap of £205.94 million, a price-to-earnings ratio of -825.56, a P/E/G ratio of -0.03 and a beta of 1.13. The business has a fifty day moving average of GBX 82.51 and a 200 day moving average of GBX 87.02. The company has a debt-to-equity ratio of 59.32, a current ratio of 5.26 and a quick ratio of 5.87.

Insider Buying and Selling

In other news, insider Yetik Mert bought 81,000 shares of the business’s stock in a transaction on Friday, September 6th. The stock was purchased at an average price of GBX 75 ($1.00) per share, with a total value of £60,750 ($81,086.49). 68.20% of the stock is currently owned by corporate insiders.

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.