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EnQuest (OTCMKTS:ENQUF) Stock Price Down 7.4% - Here's Why

EnQuest logo with Energy background

Key Points

  • EnQuest shares dropped by 7.4%, closing at $0.16 during trading, following a previous close of $0.17.
  • Trading volume increased by 29% compared to the average session, with 884 shares traded.
  • EnQuest operates primarily in oil and gas production, with interests in multiple projects in the United Kingdom and Malaysia.
  • MarketBeat previews the top five stocks to own by November 1st.

Shares of EnQuest (OTCMKTS:ENQUF - Get Free Report) fell 7.4% during trading on Tuesday . The company traded as low as $0.16 and last traded at $0.16. 884 shares traded hands during trading, an increase of 29% from the average session volume of 686 shares. The stock had previously closed at $0.17.

EnQuest Stock Performance

The company has a current ratio of 0.80, a quick ratio of 0.73 and a debt-to-equity ratio of 1.68. The stock's fifty day moving average price is $0.17 and its 200 day moving average price is $0.17.

EnQuest Company Profile

(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.

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