Canaccord Genuity Group Reaffirms Buy Rating for EnQuest (LON:ENQ)

Canaccord Genuity Group reiterated their buy rating on shares of EnQuest (LON:ENQ - Free Report) in a report issued on Monday morning, Marketbeat reports.

EnQuest Trading Down 5.5 %

ENQ traded down GBX 0.80 ($0.01) during trading on Monday, hitting GBX 13.72 ($0.18). 15,034,467 shares of the stock were exchanged, compared to its average volume of 3,092,762. The company has a debt-to-equity ratio of 208.00, a quick ratio of 0.75 and a current ratio of 0.76. The firm has a 50 day simple moving average of GBX 12.55 and a 200 day simple moving average of GBX 11.98. The firm has a market cap of £316.79 million, a price-to-earnings ratio of 15.65, a P/E/G ratio of 0.07 and a beta of 1.43. EnQuest has a 1 year low of GBX 9.95 ($0.13) and a 1 year high of GBX 17.82 ($0.23).

EnQuest Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, May 1st will be paid a GBX 0.62 ($0.01) dividend. This represents a yield of 3.73%. The ex-dividend date is Thursday, May 1st.

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.