EnQuest (LON:ENQ) Shares Pass Above Two Hundred Day Moving Average of $14.16

EnQuest PLC (LON:ENQ) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 14.16 ($0.18) and traded as high as GBX 17 ($0.21). EnQuest shares last traded at GBX 16.06 ($0.20), with a volume of 2,593,881 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group lowered EnQuest to a “buy” rating in a report on Wednesday, April 24th.

EnQuest Stock Performance

The company has a debt-to-equity ratio of 285.77, a quick ratio of 0.75 and a current ratio of 0.70. The company has a market cap of £309.50 million, a P/E ratio of -146.00, a P/E/G ratio of 0.07 and a beta of 1.49. The stock’s fifty day moving average price is GBX 14.48 and its two-hundred day moving average price is GBX 14.16.

EnQuest Company Profile

EnQuest PLC operates as an oil and gas production and development company. The company explores for, extracts, and produces hydrocarbons in the United Kingdom, North Sea, and Malaysia. It primarily holds interests in the Magnus, Kraken, Scolty/Crathes, Greater Kittiwake Area, Alba, Dons area, and Alma/Galia.