Enquest (OTCMKTS:ENQUF) Lowered to “Sell” at Zacks Investment Research

Enquest (OTCMKTS:ENQUF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Thursday, Zacks.com reports.

According to Zacks, “Enquest PLC is an oil and gas development and production company. It focuses on oil and oil linked hydrocarbons. Enquest PLC is based in London, the United Kingdom. “

OTCMKTS ENQUF traded down $0.07 on Thursday, hitting $0.21. 100 shares of the company were exchanged, compared to its average volume of 1,550. The company’s 50 day moving average price is $0.27 and its 200-day moving average price is $0.24. Enquest has a twelve month low of $0.15 and a twelve month high of $0.57.

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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