Enquest (OTCMKTS:ENQUF) Stock Rating Upgraded by Canaccord Genuity

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

A number of other research firms have also weighed in on ENQUF. 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.

Shares of OTCMKTS ENQUF opened at $0.28 on Tuesday. The firm’s 50-day moving average price is $0.24 and its 200-day moving average price is $0.23. Enquest has a 1-year low of $0.15 and a 1-year high of $0.29. The company has a current ratio of 0.68, a quick ratio of 0.58 and a debt-to-equity ratio of 2.15.

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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