EnQuest (LON:ENQ) Given “Buy” Rating at Canaccord Genuity Group

EnQuest (LON:ENQ)‘s stock had its “buy” rating reissued by equities research analysts at Canaccord Genuity Group in a report released on Monday,Digital Look reports.

EnQuest Stock Performance

EnQuest stock traded down GBX 0.50 ($0.01) during mid-day trading on Monday, hitting GBX 16 ($0.21). 2,266,298 shares of the company’s stock traded hands, compared to its average volume of 2,916,547. 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 firm has a 50 day simple moving average of GBX 12.39 and a two-hundred day simple moving average of GBX 11.87. EnQuest has a fifty-two week low of GBX 9.95 ($0.13) and a fifty-two week high of GBX 17.82 ($0.23). The stock has a market cap of £369.43 million, a price-to-earnings ratio of 18.25, a P/E/G ratio of 0.07 and a beta of 1.43.

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.