Zacks Investment Research Lowers 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 report issued to clients and investors 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. “

Shares of Genel Energy (GEGYY) traded up 13.64% on Friday, reaching $1.25. 250 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $1.23 and a 200-day moving average price of $1.39. The company’s market cap is $347.99 million. Genel Energy has a 12-month low of $0.92 and a 12-month high of $1.25.

COPYRIGHT VIOLATION NOTICE: “Zacks Investment Research Lowers Genel Energy (GEGYY) to Hold” was posted by Chaffey Breeze and is owned by of Chaffey Breeze. If you are viewing this report on another publication, it was illegally stolen and republished in violation of United States & international copyright laws. The original version of this report can be viewed at https://www.chaffeybreeze.com/2017/09/15/zacks-investment-research-lowers-genel-energy-gegyy-to-hold-2.html.

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