Genie Energy Ltd. (NYSE:GNE) Director James A. Courter sold 5,000 shares of the business’s stock in a transaction dated Monday, October 3rd. The stock was sold at an average price of $5.84, for a total value of $29,200.00. Following the sale, the director now owns 421,983 shares in the company, valued at approximately $2,464,380.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Genie Energy Ltd. (NYSE:GNE) opened at 5.84 on Thursday. Genie Energy Ltd. has a 52 week low of $5.69 and a 52 week high of $14.97. The stock’s 50 day moving average price is $6.15 and its 200-day moving average price is $6.93. The stock has a market cap of $143.93 million, a price-to-earnings ratio of 17.49 and a beta of 2.47.
Genie Energy (NYSE:GNE) last posted its quarterly earnings results on Thursday, August 4th. The company reported $0.13 earnings per share (EPS) for the quarter. The company had revenue of $44 million for the quarter, compared to analyst estimates of $39.50 million. Genie Energy had a return on equity of 8.71% and a net margin of 4.33%. Equities analysts anticipate that Genie Energy Ltd. will post ($0.77) earnings per share for the current fiscal year.
Genie Energy Company Profile
Genie Energy Ltd. (Genie) owns interest in its subsidiary, Genie Energy International Corporation, which owns Genie Retail Energy and Genie Oil and Gas, Inc The Company operates through three segments: Genie Retail Energy (GRE), Afek Oil and Gas, Ltd. (Afek), and Genie Oil and Gas (GOGAS). The GRE segment operates retail energy providers (REPs), including IDT Energy, Inc and Residents Energy, Inc, and energy brokerage and marketing services.
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