Genel Energy plc (OTCMKTS:GEGYF – Get Free Report) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.86 and traded as low as $0.85. Genel Energy shares last traded at $0.85, with a volume of 2,000 shares traded.
Genel Energy Price Performance
The business has a fifty day moving average of $0.86 and a 200-day moving average of $0.95.
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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