Genel Energy (NASDAQ:GEGYY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Saturday.

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 (NASDAQ:GEGYY) opened at 1.25 on Friday. Genel Energy has a one year low of $0.92 and a one year high of $1.25. The company’s 50-day moving average price is $1.23 and its 200-day moving average price is $1.39. The stock’s market cap is $347.99 million.

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