Key Points
- Insider Yetik Mert sold a total of 50,659 Genel Energy shares across Nov. 27–28 at GBX 58, netting £29,382.22 (£6,468.16 on Nov. 27 and £22,914.06 on Nov. 28).
- GENL shares were trading up about 1.5% (opening GBX 59.90) with a market cap of £164.93m and a negative P/E; analysts have an average "Buy" rating and a consensus target of GBX 85, with Jefferies raising its target to GBX 90.
Genel Energy plc (LON:GENL - Get Free Report) insider Yetik Mert sold 11,152 shares of the firm's stock in a transaction that occurred on Thursday, November 27th. The shares were sold at an average price of GBX 58, for a total value of £6,468.16.
Yetik Mert also recently made the following trade(s):
- On Friday, November 28th, Yetik Mert sold 39,507 shares of Genel Energy stock. The stock was sold at an average price of GBX 58, for a total transaction of £22,914.06.
Genel Energy Trading Up 1.5%
Shares of GENL stock opened at GBX 59.90 on Tuesday. The company has a market capitalization of £164.93 million, a price-to-earnings ratio of -3.04, a PEG ratio of -0.03 and a beta of 1.13. 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 50-day moving average price of GBX 64.88 and a 200 day moving average price of GBX 61.77. Genel Energy plc has a twelve month low of GBX 48.28 and a twelve month high of GBX 89.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on GENL shares. Jefferies Financial Group increased their price target on Genel Energy from GBX 85 to GBX 90 and gave the stock a "buy" rating in a research note on Monday, October 20th. Canaccord Genuity Group reaffirmed a "speculative buy" rating and set a GBX 80 price target on shares of Genel Energy in a research report on Wednesday, August 6th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of GBX 85.
Read Our Latest Stock Report on Genel Energy
Genel Energy Company Profile
(
Get Free Report)
Genel Energy is a socially responsible oil producer with a low-cost and low-carbon production asset in the Kurdistan Region of Iraq and exploration assets in Oman, Morocco and Somaliland and listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). Genel's strategy is designed to build a business with resilient and diversified cash flows that delivers sustainable value to shareholders, and with the aim of restarting the payment of a regular dividend.
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