Zacks Investment Research cut shares of Genel Energy (NASDAQ:GEGYY) from a buy rating to a hold rating in a research report released on Friday.

According to Zacks, “Genel Energy PLC is an oil and gas exploration and production company. It reserves and resources located primarily in the Kurdistan Region of Iraq. Genel Energy PLC is headquartered in London. “

Shares of Genel Energy (GEGYY) traded up 13.64% during midday trading on Friday, reaching $1.25. The company had a trading volume of 250 shares. Genel Energy has a 12-month low of $1.15 and a 12-month high of $4.04. The company has a 50 day moving average of $1.23 and a 200 day moving average of $1.39. The firm’s market capitalization is $347.99 million.

ILLEGAL ACTIVITY WARNING: “Genel Energy (GEGYY) Downgraded by Zacks Investment Research to “Hold”” was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this report on another publication, it was stolen and republished in violation of United States & international copyright and trademark laws. The correct version of this report can be viewed at

Receive News & Stock Ratings for Genel Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genel Energy and related stocks with our FREE daily email newsletter.