Enquest (OTCMKTS:ENQUF) Upgraded by Canaccord Genuity to “Buy”

Canaccord Genuity upgraded shares of Enquest (OTCMKTS:ENQUF) from a hold rating to a buy rating in a research note released on Tuesday, The Fly reports.

Other research analysts also recently issued research reports about the stock. Barclays upgraded shares of Enquest from an underweight rating to an overweight rating in a report on Thursday, January 9th. JPMorgan Chase & Co. upgraded shares of Enquest from a neutral rating to an overweight rating in a report on Friday, January 10th. Finally, Zacks Investment Research upgraded shares of Enquest from a sell rating to a hold rating in a report on Monday, September 16th.

Enquest stock opened at $0.28 on Tuesday. The firm’s fifty day simple moving average is $0.23 and its 200-day simple moving average is $0.23. The company has a debt-to-equity ratio of 2.15, a quick ratio of 0.58 and a current ratio of 0.68. Enquest has a 1-year low of $0.15 and a 1-year high of $0.29.

About Enquest

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

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