Enquest (ENQUF) Cut to “Hold” at Zacks Investment Research
Enquest (OTCMKTS:ENQUF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Wednesday.
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. “
Shares of Enquest (OTCMKTS:ENQUF) traded up $0.02 during mid-day trading on Wednesday, hitting $0.52. The stock had a trading volume of 500 shares, compared to its average volume of 1,452. Enquest has a twelve month low of $0.31 and a twelve month high of $0.66.
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EnQuest PLC, together with its subsidiaries, explores for, extracts, and produces hydrocarbons in the United Kingdom Continental Shelf and Malaysia. It primarily holds interests in the Heather/Broom, Thistle/Deveron, the Dons area, the Greater Kittiwake Area, Alma/Galia, and Scolty/Crathes; and in the Kraken development, and a non-operated interest in the producing Alba oil field, as well as the PM8/Seligi production sharing contract and the Tanjong Baram risk services contract in Malaysia.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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