Genie Energy Ltd. Class B Stock (NYSE:GNE) traded at a new 52-week low today of $5.72. Approximately 53,000 shares have changed hands today, as compared to an average 30-day volume of 105,000 shares.
In the past 52 weeks, Genie Energy Ltd. Class B Stock share prices are bracketed by a current low of $5.72 and a high of $9.60 and is now at $5.80.
Genie Energy Ltd. Class B Stock (NYSE:GNE) has potential upside of 4.7% based on a current price of $5.80 and analysts’ consensus price target of $6.07.
Genie Energy Ltd, through its subsidiaries, operates as a retail energy provider; and an oil and gas exploration company. Its segments are Genie Retail Energy (GRE) which is the key revenue generator, GRE International, and Genie Energy Services (GES). GRE owns and operates retail energy providers (REPs), including IDT Energy, Residents Energy, Town Square Energy, and Mirabito. Its REP businesses resell electricity and natural gas to residential and small business in Eastern and Midwestern United States. GES designs, manufactures and distributes solar panels and also offers energy brokerage and advisory services.
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