EnQuest (LON:ENQ) Shares Cross Above 200-Day Moving Average – Here’s What Happened

EnQuest PLC (LON:ENQGet Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 12.07 ($0.15) and traded as high as GBX 13.70 ($0.17). EnQuest shares last traded at GBX 13.58 ($0.17), with a volume of 3,062,542 shares trading hands.

EnQuest Price Performance

The company has a market cap of £259.38 million, a PE ratio of -1,358.00, a PEG ratio of 0.07 and a beta of 1.43. The firm’s 50-day moving average is GBX 11.83 and its 200-day moving average is GBX 12.07. The company has a quick ratio of 0.75, a current ratio of 0.76 and a debt-to-equity ratio of 208.00.

About EnQuest

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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.

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