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EnQuest (LON:ENQ) Stock Price Crosses Above Two Hundred Day Moving Average - What's Next?

EnQuest logo with Energy background

EnQuest PLC (LON:ENQ - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 12.20 ($0.16) and traded as high as GBX 14.30 ($0.19). EnQuest shares last traded at GBX 13.84 ($0.18), with a volume of 2,727,423 shares traded.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a "buy" rating on shares of EnQuest in a research note on Monday, March 31st.

Get Our Latest Stock Report on EnQuest

EnQuest Stock Performance

The stock has a 50 day moving average of GBX 12.96 and a 200 day moving average of GBX 12.24. The stock has a market capitalization of £317.71 million, a P/E ratio of 15.70, a P/E/G ratio of 0.07 and a beta of 1.43. The company has a debt-to-equity ratio of 208.00, a quick ratio of 0.75 and a current ratio of 0.76.

EnQuest Dividend Announcement

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

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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