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EnQuest (LON:ENQ) Stock Price Passes Above 200 Day Moving Average - Should You Sell?

EnQuest logo with Energy background
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Shares of EnQuest PLC (LON:ENQ - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 11.87 ($0.15) and traded as high as GBX 12.40 ($0.16). EnQuest shares last traded at GBX 11.16 ($0.14), with a volume of 4,610,007 shares traded.

EnQuest Price Performance

The business has a 50-day moving average of GBX 12.43 and a two-hundred day moving average of GBX 11.83. The firm has a market cap of £287.23 million, a P/E ratio of 14.19, a price-to-earnings-growth 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.

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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