EnQuest (LON:ENQ) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

Shares of EnQuest PLC (LON:ENQGet Free Report) 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.

EnQuest Trading Up 0.3 %

The business has a 50 day moving average of GBX 11.85 and a two-hundred day moving average of GBX 12.08. The firm has a market cap of £249.45 million, a P/E ratio of -1,306.00, a PEG ratio of 0.07 and a beta of 1.43. The company has a current ratio of 0.76, a quick ratio of 0.75 and a debt-to-equity ratio of 208.00.

EnQuest Company Profile

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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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