EnQuest (OTCMKTS:ENQUF – Get Free Report)’s stock price dropped 15.4% during trading on Tuesday. The company traded as low as $0.33 and last traded at $0.33. 10,000 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 19,356 shares. The stock had previously closed at $0.39.
EnQuest Price Performance
The firm’s 50 day simple moving average is $0.38 and its two-hundred day simple moving average is $0.30.
EnQuest Company Profile
EnQuest plc is an independent energy company engaged in the production, development and acquisition of oil and gas assets. Its activities include operating mature fields, extending the productive life of existing infrastructure, developing new resources and carrying out decommissioning work. The company’s operations have primarily been focused on the United Kingdom Continental Shelf in the North Sea, where it produces crude oil, natural gas and condensate. EnQuest’s UK portfolio has included the Kraken, Magnus, Thistle and Heather/Broom assets, as well as associated production and infrastructure interests.
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