EnQuest (LON:ENQ) Shares Pass Above Two Hundred Day Moving Average - What's Next?

EnQuest PLC (LON:ENQ - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 12.42 ($0.16) and traded as high as GBX 12.60 ($0.17). EnQuest shares last traded at GBX 12.24 ($0.16), with a volume of 1,335,959 shares.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a "buy" rating on shares of EnQuest in a research note on Monday, March 31st.

EnQuest Price 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 company has a 50 day moving average price of GBX 13.24 and a 200 day moving average price of GBX 12.44. The firm has a market cap of £283.54 million, a PE ratio of 14.01, a PEG ratio of 0.07 and a beta of 1.43.

EnQuest Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, May 1st will be issued a dividend of GBX 0.62 ($0.01) per share. This represents a yield of 3.73%. The ex-dividend date is Thursday, May 1st.

About EnQuest

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.