EnQuest (LON:ENQ) Stock Rating Lowered by Canaccord Genuity Group

EnQuest (LON:ENQ) was downgraded by equities researchers at Canaccord Genuity Group to a “buy” rating in a research note issued to investors on Wednesday, MarketBeat Ratings reports.

EnQuest Trading Down 1.8 %

Shares of ENQ stock opened at GBX 15.32 ($0.19) on Wednesday. EnQuest has a 1 year low of GBX 11.17 ($0.14) and a 1 year high of GBX 18.57 ($0.23). The company has a debt-to-equity ratio of 285.77, a current ratio of 0.70 and a quick ratio of 0.75. The stock’s 50 day simple moving average is GBX 14.28 and its two-hundred day simple moving average is GBX 14.13. The company has a market cap of £294.14 million, a PE ratio of -139.27, a price-to-earnings-growth ratio of 0.07 and a beta of 1.49.

EnQuest Company Profile

EnQuest PLC operates as an oil and gas production and development company. The company explores for, extracts, and produces hydrocarbons in the United Kingdom, North Sea, and Malaysia. It primarily holds interests in the Magnus, Kraken, Scolty/Crathes, Greater Kittiwake Area, Alba, Dons area, and Alma/Galia.