Genel Energy (LON:GENL) Stock Price Down 1.9% – Time to Sell?

Genel Energy plc (LON:GENL) shares dropped 1.9% on Thursday . The stock traded as low as GBX 62.60 ($0.79) and last traded at GBX 62.60 ($0.79). Approximately 735,392 shares changed hands during mid-day trading, an increase of 125% from the average daily volume of 326,948 shares. The stock had previously closed at GBX 63.80 ($0.81).

Genel Energy Stock Up 2.2 %

The business’s 50 day moving average is GBX 77.67 and its 200 day moving average is GBX 83.43. The company has a quick ratio of 5.87, a current ratio of 5.26 and a debt-to-equity ratio of 59.32. The company has a market cap of £177.40 million, a P/E ratio of -711.11, a P/E/G ratio of -0.03 and a beta of 1.13.

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.