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EnQuest (LON:ENQ) Stock Passes Above 200-Day Moving Average - Time to Sell?

EnQuest logo with Energy background

Shares of EnQuest PLC (LON:ENQ - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 12.75 ($0.17) and traded as high as GBX 13.44 ($0.18). EnQuest shares last traded at GBX 13.26 ($0.18), with a volume of 932,452 shares traded.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on ENQ shares. Canaccord Genuity Group reiterated a "buy" rating on shares of EnQuest in a research note on Monday, March 31st. Shore Capital reaffirmed a "buy" rating on shares of EnQuest in a report on Friday.

View Our Latest Stock Report on ENQ

EnQuest Trading Up 0.7%

The stock has a market cap of £310.32 million, a PE ratio of 15.33, a P/E/G ratio of 0.07 and a beta of 1.43. The company has a quick ratio of 0.75, a current ratio of 0.76 and a debt-to-equity ratio of 208.00. The firm has a 50-day simple moving average of GBX 12.66 and a 200-day simple moving average of GBX 12.76.

About EnQuest

(Get Free Report)

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.

Further Reading

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