Royal Bank of Canada reaffirmed their underperform rating on shares of Enquest (LON:ENQ) in a report released on Thursday, ThisIsMoney.Co.Uk reports.

Several other research analysts have also recently weighed in on ENQ. Numis Securities restated an under review rating on shares of Enquest in a research report on Thursday, May 16th. Barclays upped their price objective on shares of Enquest from GBX 11 ($0.14) to GBX 19 ($0.25) and gave the stock an underweight rating in a research report on Monday, June 24th. Three analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. The company has an average rating of Sell and a consensus price target of GBX 22 ($0.29).

Shares of ENQ stock traded down GBX 0.01 ($0.00) during trading on Thursday, hitting GBX 18.99 ($0.25). The company had a trading volume of 3,331,148 shares, compared to its average volume of 8,310,000. The company has a quick ratio of 0.43, a current ratio of 0.69 and a debt-to-equity ratio of 279.19. The stock’s 50-day moving average is GBX 20.36 and its two-hundred day moving average is GBX 20. The stock has a market capitalization of $321.96 million and a price-to-earnings ratio of 1.88. Enquest has a 52 week low of GBX 15.26 ($0.20) and a 52 week high of GBX 37.56 ($0.49).

In other Enquest news, insider Amjad Bseisu purchased 519,793 shares of Enquest stock in a transaction on Friday, July 5th. The shares were acquired at an average cost of GBX 19 ($0.25) per share, for a total transaction of £98,760.67 ($129,048.31). Also, insider Helmut Langanger purchased 200,000 shares of Enquest stock in a transaction on Thursday, September 5th. The shares were acquired at an average price of GBX 20 ($0.26) per share, for a total transaction of £40,000 ($52,267.08). Over the last 90 days, insiders purchased 2,642,194 shares of company stock worth $51,286,753.

About Enquest

EnQuest PLC, an oil and gas development and production company, together with its subsidiaries, explores for, extracts, and produces hydrocarbons in the United Kingdom Continental Shelf and Malaysia. The company operates through North Sea and Malaysia segments. It primarily holds interests in the Thistle/Deveron, Heather/Broom, the Dons area, Magnus, the Greater Kittiwake Area, Scolty/Crathes, and Alma/Galia; and in the Kraken development, and a non-operated interest in the Alba producing oil field, as well as the PM8/Seligi production sharing contract and the Tanjong Baram risk services contract in Malaysia.

See Also: What is channel trading?

Analyst Recommendations for Enquest (LON:ENQ)

Receive News & Ratings for Enquest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enquest and related companies with's FREE daily email newsletter.