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EnQuest (LON:ENQ) Trading Down 8.3% - Here's Why

EnQuest logo with Energy background

EnQuest PLC (LON:ENQ - Get Free Report) fell 8.3% during trading on Tuesday . The company traded as low as GBX 12.71 ($0.17) and last traded at GBX 12.98 ($0.18). 6,598,840 shares traded hands during trading, an increase of 115% from the average session volume of 3,072,914 shares. The stock had previously closed at GBX 14.16 ($0.19).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a "buy" rating on shares of EnQuest in a report on Monday, March 31st.

View Our Latest Stock Report on EnQuest

EnQuest Stock Performance

The company has a debt-to-equity ratio of 208.00, a current ratio of 0.76 and a quick ratio of 0.75. The firm has a market capitalization of £294.62 million, a PE ratio of 14.56, a P/E/G ratio of 0.07 and a beta of 1.43. The company's fifty day simple moving average is GBX 12.69 and its 200 day simple moving average is GBX 12.59.

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.

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