GENEL ENERGY PL/ADR (OTCMKTS:GEGYY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Wednesday, Zacks.com reports.

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. “

GEGYY opened at $2.24 on Wednesday. GENEL ENERGY PL/ADR has a one year low of $2.10 and a one year high of $2.47. The firm has a market capitalization of $623.99 million, a PE ratio of 2.05 and a beta of -0.98. The firm has a 50 day simple moving average of $2.19. The company has a quick ratio of 7.70, a current ratio of 7.70 and a debt-to-equity ratio of 0.22.

About GENEL ENERGY PL/ADR

Genel Energy plc engages in the oil and gas exploration and production activities. It operates through three segments: Oil producing Assets, Miran and Bina Bawi Assets, and Exploration Assets. The company holds interests in the Taq Taq and Tawke oil producing fields, as well as Miran and Bina Bawi gas assets in the Kurdistan Region of Iraq; and exploration assets in Somaliland and Morocco.

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