EnQuest (LON:ENQ) Receives Buy Rating from Canaccord Genuity Group

EnQuest (LON:ENQ)‘s stock had its “buy” rating reiterated by research analysts at Canaccord Genuity Group in a research report issued to clients and investors on Monday,Digital Look reports.

EnQuest Stock Down 3.0 %

Shares of ENQ traded down GBX 0.50 ($0.01) during mid-day trading on Monday, hitting GBX 16 ($0.21). 2,266,298 shares of the company’s stock were exchanged, compared to its average volume of 2,916,547. The company has a debt-to-equity ratio of 208.00, a current ratio of 0.76 and a quick ratio of 0.75. EnQuest has a 52 week low of GBX 9.95 ($0.13) and a 52 week high of GBX 17.82 ($0.23). The company has a market cap of £369.43 million, a PE ratio of 18.25, a P/E/G ratio of 0.07 and a beta of 1.43. The company has a 50-day simple moving average of GBX 12.39 and a 200 day simple moving average of GBX 11.87.

About EnQuest

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.