Genel Energy plc (OTCMKTS:GEGYY – Get Free Report)’s stock price fell 44% on Wednesday . The stock traded as low as $0.60 and last traded at $0.60. 106 shares were traded during mid-day trading, a decline of 92% from the average session volume of 1,350 shares. The stock had previously closed at $1.07.
Genel Energy Price Performance
The company’s 50-day moving average is $0.95 and its two-hundred day moving average is $0.98.
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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