Genel Energy PLC (LON:GENL) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $188.49 and traded as low as $183.20. Genel Energy shares last traded at $184.00, with a volume of 310,415 shares changing hands.

GENL has been the topic of several recent research reports. JPMorgan Chase & Co. decreased their target price on shares of Genel Energy from GBX 285 ($3.75) to GBX 271 ($3.56) and set an “overweight” rating on the stock in a research report on Friday, January 10th. Royal Bank of Canada lowered shares of Genel Energy to an “underperform” rating and reduced their price objective for the stock from GBX 250 ($3.29) to GBX 160 ($2.10) in a research report on Wednesday, January 8th.

The firm has a market capitalization of $497.03 million and a PE ratio of -1.87. The stock’s 50-day moving average price is GBX 186.50 and its 200 day moving average price is GBX 188.42. The company has a debt-to-equity ratio of 21.78, a current ratio of 6.84 and a quick ratio of 6.70.

About Genel Energy (LON:GENL)

Genel Energy plc engages in the oil and gas exploration and production activities. It operates through three segments: Oil producing Assets, Miran and Bina Bawi Assets, and Exploration Assets. The company holds interests in the Taq Taq and Tawke oil producing fields, as well as Miran and Bina Bawi gas assets in the Kurdistan Region of Iraq; and exploration assets in Somaliland and Morocco.

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