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

EnQuest logo with Energy background
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EnQuest PLC (LON:ENQ - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 11.80 ($0.15) and traded as high as GBX 13.26 ($0.17). EnQuest shares last traded at GBX 12.58 ($0.16), with a volume of 632,694 shares trading hands.

EnQuest Trading Up 6.4 %

The company has a market capitalization of £375.90 million, a PE ratio of 18.57, a price-to-earnings-growth ratio of 0.07 and a beta of 1.43. The company has a debt-to-equity ratio of 208.00, a current ratio of 0.76 and a quick ratio of 0.75. The company's fifty day moving average is GBX 12.33 and its 200-day moving average is GBX 11.84.

About EnQuest

(Get Free Report)

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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