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EnQuest (OTCMKTS:ENQUF) Shares Down 2.2% - Time to Sell?

EnQuest logo with Energy background

Key Points

  • EnQuest's stock price experienced a decline of 2.2%, trading at $0.17, with trading volume increasing significantly by 294% compared to its average session.
  • The company's financial ratios indicate a quick ratio of 0.73, a current ratio of 0.80, and a debt-to-equity ratio of 1.68, indicating potential liquidity concerns.
  • EnQuest PLC specializes in oil and gas production and operates primarily in the United Kingdom, North Sea, and Malaysia, with interests in several key projects.
  • Five stocks we like better than EnQuest.

EnQuest (OTCMKTS:ENQUF - Get Free Report)'s stock price dropped 2.2% during mid-day trading on Tuesday . The stock traded as low as $0.17 and last traded at $0.17. Approximately 2,555 shares traded hands during mid-day trading, an increase of 294% from the average daily volume of 649 shares. The stock had previously closed at $0.17.

EnQuest Stock Performance

The firm has a 50 day moving average of $0.18 and a 200-day moving average of $0.17. The company has a quick ratio of 0.73, a current ratio of 0.80 and a debt-to-equity ratio of 1.68.

About EnQuest

(Get Free Report)

EnQuest PLC operates as an oil and gas production and development company, explores, extracts, and produces hydrocarbons in the United Kingdom, North Sea, and Malaysia. It primarily holds interests in the Magnus, Kraken, Golden Eagle, Scolty/Crathes, Greater Kittiwake Area, and Alba; and PM8/Seligi projects.

See Also

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