Genel Energy plc (OTCMKTS:GEGYF – Get Free Report) dropped 2.3% during mid-day trading on Tuesday . The stock traded as low as $0.90 and last traded at $0.90. Approximately 1,334 shares traded hands during mid-day trading, a decline of 12% from the average daily volume of 1,512 shares. The stock had previously closed at $0.93.
Genel Energy Stock Performance
The business’s 50 day moving average price is $0.98 and its 200 day moving average price is $1.12.
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.
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