Genel Energy plc (OTCMKTS:GEGYF – Get Free Report)’s stock price shot up 5.9% during mid-day trading on Wednesday . The stock traded as high as $0.8170 and last traded at $0.8170. 10,000 shares were traded during mid-day trading, a decline of 19% from the average session volume of 12,400 shares. The stock had previously closed at $0.7716.
Genel Energy Price Performance
The company has a 50-day moving average price of $0.85 and a 200-day moving average price of $0.83.
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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