Zacks Investment Research Downgrades Genel Energy (GEGYY) to Hold
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.
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