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.

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