Genel Energy (LON:GENL) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

Genel Energy plc (LON:GENL)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 81.45 ($1.02) and traded as low as GBX 63.82 ($0.80). Genel Energy shares last traded at GBX 64.50 ($0.81), with a volume of 106,926 shares trading hands.

Genel Energy Price Performance

The stock has a market cap of £178.78 million, a price-to-earnings ratio of -716.67, a PEG ratio of -0.03 and a beta of 1.13. The company has a 50 day simple moving average of GBX 74.76 and a 200-day simple moving average of GBX 81.34. The company has a quick ratio of 5.87, a current ratio of 5.26 and a debt-to-equity ratio of 59.32.

Genel Energy Company Profile

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.