Insider Buying: EnQuest (LON:ENQ) Insider Buys £165 in Stock

EnQuest PLC (LON:ENQ) insider Marianne Daryabegui purchased 1,500 shares of EnQuest stock in a transaction on Thursday, October 9th. The stock was bought at an average price of GBX 11 per share, with a total value of £165.

Marianne Daryabegui also recently made the following trade(s):

• On Friday, October 10th, Marianne Daryabegui acquired 166,660 shares of EnQuest stock. The shares were bought at an average cost of GBX 11 per share, for a total transaction of £18,332.60.

EnQuest Trading Up 1.0%

Shares of LON:ENQ opened at GBX 10.28 on Thursday. EnQuest PLC has a 12-month low of GBX 9.87 and a 12-month high of GBX 16.60. The company has a market cap of £191.11 million, a PE ratio of -171.33, a price-to-earnings-growth ratio of 0.07 and a beta of 1.43. The stock has a 50 day moving average of GBX 11.96 and a 200 day moving average of GBX 12.61. The company has a current ratio of 0.76, a quick ratio of 0.75 and a debt-to-equity ratio of 208.00.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Shore Capital restated a “buy” rating and set a GBX 28 target price on shares of EnQuest in a research note on Wednesday, September 24th. Canaccord Genuity Group boosted their price objective on EnQuest from GBX 19 to GBX 20 and gave the company a “buy” rating in a research report on Friday, September 26th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 24.

EnQuest Company Profile

EnQuest is providing creative solutions through the energy transition.

EnQuest is an independent energy company. We focus on mature late-life assets, responsibly optimising production to provide energy security. Where we can, we repurpose our infrastructure to deliver renewable energy and decarbonisation projects before executing world-class decommissioning.