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

Genel Energy (NASDAQ:GEGYY) traded up 13.64% on Friday, reaching $1.25. The company’s stock had a trading volume of 250 shares. The firm’s market capitalization is $347.99 million. The company has a 50 day moving average of $1.23 and a 200 day moving average of $1.39. Genel Energy has a 52 week low of $0.92 and a 52 week high of $1.25.

COPYRIGHT VIOLATION WARNING: “Zacks Investment Research Downgrades Genel Energy (GEGYY) to Hold” was posted by American Banking News and is the sole property of of American Banking News. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright laws. The original version of this piece of content can be read at

Get a free copy of the Zacks research report on Genel Energy (GEGYY)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for Genel Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genel Energy and related companies with's FREE daily email newsletter.