EnQuest (LON:ENQ) PT Lowered to GBX 27 at Canaccord Genuity Group

EnQuest (LON:ENQ) had its price objective lowered by Canaccord Genuity Group from GBX 30 ($0.39) to GBX 27 ($0.35) in a research report report published on Thursday morning, MarketBeat Ratings reports. The brokerage currently has a buy rating on the oil and gas development company’s stock.

EnQuest Trading Up 3.0 %

ENQ stock opened at GBX 11.70 ($0.15) on Thursday. The company has a market capitalization of £223.47 million, a PE ratio of -1,170.00, a P/E/G ratio of 0.07 and a beta of 1.43. EnQuest has a 12 month low of GBX 10.90 ($0.14) and a 12 month high of GBX 17.82 ($0.23). The firm’s 50-day moving average is GBX 12.71 and its 200 day moving average is GBX 13.99. The company has a debt-to-equity ratio of 208.00, a current ratio of 0.76 and a quick ratio of 0.75.

About EnQuest

EnQuest PLC operates as an oil and gas production and development company. The company explores for, extracts, and produces hydrocarbons in the United Kingdom, North Sea, and Malaysia. It primarily holds interests in the Magnus, Kraken, Scolty/Crathes, Greater Kittiwake Area, Alba, Dons area, and Alma/Galia.