Free Trial

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

EnQuest logo with Energy background

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

Analyst Ratings Changes

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

View Our Latest Stock Report on ENQ

EnQuest Price Performance

The stock has a market capitalization of £299.70 million, a price-to-earnings ratio of 14.81, a PEG ratio of 0.07 and a beta of 1.43. The company has a current ratio of 0.76, a quick ratio of 0.75 and a debt-to-equity ratio of 208.00. The stock has a 50-day moving average price of GBX 12.72 and a 200 day moving average price of GBX 12.57.

EnQuest Announces Dividend

The business also recently declared a dividend, which was paid on Friday, June 6th. Investors of record on Thursday, May 1st were paid a GBX 0.62 ($0.01) dividend. This represents a yield of 3.73%. The ex-dividend date of this dividend was Thursday, May 1st.

EnQuest Company Profile

(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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in EnQuest Right Now?

Before you consider EnQuest, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and EnQuest wasn't on the list.

While EnQuest currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The Next Palantir? AI-Defense Stock Set for Explosive Growth
2 Chip Stocks Are Soaring—But One Could Break Out This Summer
Congress Bought This Stock at the Bottom—Will You Miss It?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines