Shares of Genel Energy plc (OTCMKTS:GEGYY – Get Free Report) were down 10.2% during mid-day trading on Friday . The stock traded as low as $1.06 and last traded at $1.06. Approximately 100 shares were traded during mid-day trading, The stock had previously closed at $1.18.
Genel Energy Price Performance
The company has a fifty day moving average price of $1.18 and a 200-day moving average price of $1.18.
About Genel Energy
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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