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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.
  • Looking to export and analyze EnQuest data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

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

EnQuest Stock Down 2.2%

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

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.

Further Reading

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.

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