Amjad Bseisu Buys 796,874 Shares of Enquest Plc (LON:ENQ) Stock

Enquest Plc (LON:ENQ) insider Amjad Bseisu acquired 796,874 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The shares were bought at an average price of GBX 19 ($0.25) per share, for a total transaction of £151,406.06 ($197,838.83).

Amjad Bseisu also recently made the following trade(s):

  • On Friday, October 25th, Amjad Bseisu bought 145,039 shares of Enquest stock. The shares were acquired at an average price of GBX 18 ($0.24) per share, with a total value of £26,107.02 ($34,113.45).
  • On Friday, October 18th, Amjad Bseisu bought 2,154,756 shares of Enquest stock. The shares were acquired at an average price of GBX 19 ($0.25) per share, with a total value of £409,403.64 ($534,958.37).
  • On Tuesday, October 1st, Amjad Bseisu bought 120,686 shares of Enquest stock. The shares were acquired at an average price of GBX 19 ($0.25) per share, with a total value of £22,930.34 ($29,962.55).
  • On Friday, September 13th, Amjad Bseisu bought 896,793 shares of Enquest stock. The shares were acquired at an average price of GBX 19 ($0.25) per share, with a total value of £170,390.67 ($222,645.59).

Enquest stock opened at GBX 18.15 ($0.24) on Tuesday. Enquest Plc has a 52 week low of GBX 15.26 ($0.20) and a 52 week high of GBX 24.80 ($0.32). The business has a 50-day simple moving average of GBX 18.47 and a 200 day simple moving average of GBX 19.62. The company has a quick ratio of 0.57, a current ratio of 0.68 and a debt-to-equity ratio of 245.01. The stock has a market cap of $307.77 million and a price-to-earnings ratio of 2.11.

ENQ has been the subject of several recent analyst reports. Royal Bank of Canada restated an “underperform” rating on shares of Enquest in a research report on Thursday, September 12th. Barclays reduced their target price on Enquest from GBX 23 ($0.30) to GBX 21 ($0.27) and set an “underweight” rating for the company in a research report on Thursday, October 10th. Finally, Canaccord Genuity reduced their target price on Enquest from GBX 20 ($0.26) to GBX 15 ($0.20) and set a “hold” rating for the company in a research report on Tuesday, October 15th. Three equities research analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. Enquest has a consensus rating of “Sell” and a consensus price target of GBX 20.20 ($0.26).

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.

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Insider Buying and Selling by Quarter for Enquest (LON:ENQ)

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