Genel Energy (GEGYY) Stock Rating Upgraded by Zacks Investment Research

Zacks Investment Research upgraded shares of Genel Energy (NASDAQ:GEGYY) from a hold rating to a buy rating in a research report released on Monday morning. They currently have $1.25 price objective on the stock.

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

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