Genel Energy (LON:GENL) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

Genel Energy plc (LON:GENLGet Free Report) passed 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 traded.

Genel Energy Price Performance

The company has a fifty day moving average price of GBX 74.76 and a two-hundred day moving average price of GBX 81.45. The company has a current ratio of 5.26, a quick ratio of 5.87 and a debt-to-equity ratio of 59.32. The firm has a market cap of £178.78 million, a P/E ratio of -716.67, a PEG ratio of -0.03 and a beta of 1.13.

Genel Energy Company Profile

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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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