EnQuest (LON:ENQ) Shares Cross Above 200-Day Moving Average – Time to Sell?

EnQuest PLC (LON:ENQ)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 11.81 ($0.15) and traded as high as GBX 12.60 ($0.16). EnQuest shares last traded at GBX 12.50 ($0.16), with a volume of 1,814,027 shares traded.

EnQuest Trading Up 1.3 %

The firm has a market capitalization of £288.62 million, a PE ratio of 14.26, a price-to-earnings-growth ratio of 0.07 and a beta of 1.43. The stock’s 50-day moving average price is GBX 12.39 and its 200 day moving average price is GBX 11.81. 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 Company Profile

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.