EnQuest (LON:ENQ) Rating Lowered to Buy at Canaccord Genuity Group

Canaccord Genuity Group lowered shares of EnQuest (LON:ENQ) to a buy rating in a research note issued to investors on Wednesday morning, MarketBeat Ratings reports.

EnQuest Stock Performance

LON:ENQ opened at GBX 15.56 ($0.19) on Wednesday. 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 business has a fifty day simple moving average of GBX 14.24 and a two-hundred day simple moving average of GBX 14.12. 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 market capitalization of £298.75 million, a P/E ratio of -141.82, a P/E/G 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.