Insider Selling: Enquest Plc (ENQ) Insider Sells £30,275.50 in Stock
Enquest Plc (LON:ENQ) insider Jonathan Swinney sold 121,102 shares of the stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of GBX 25 ($0.32), for a total value of £30,275.50 ($39,100.48).
Enquest Plc (LON:ENQ) opened at 25.00 on Friday. The firm’s market cap is GBX 281.67 million. The firm has a 50-day moving average of GBX 29.31 and a 200 day moving average of GBX 35.46. Enquest Plc has a 1-year low of GBX 22.50 and a 1-year high of GBX 56.00.
Several equities analysts recently commented on the company. J P Morgan Chase & Co dropped their target price on Enquest Plc from GBX 50 ($0.65) to GBX 41 ($0.53) and set a “neutral” rating on the stock in a report on Friday, September 8th. Macquarie restated an “underperform” rating and issued a GBX 7 ($0.09) price objective on shares of Enquest Plc in a research note on Tuesday. GMP Securities restated a “speculative buy” rating on shares of Enquest Plc in a research note on Thursday, May 25th. Barclays PLC decreased their price objective on shares of Enquest Plc from GBX 40 ($0.52) to GBX 35 ($0.45) and set an “underweight” rating for the company in a research note on Thursday, June 22nd. Finally, Jefferies Group LLC downgraded shares of Enquest Plc to a “hold” rating and decreased their price objective for the company from GBX 64 ($0.83) to GBX 30 ($0.39) in a research note on Tuesday, August 29th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. Enquest Plc presently has a consensus rating of “Hold” and an average price target of GBX 32.43 ($0.42).
Enquest Plc Company Profile
EnQuest PLC is a United Kingdom-based oil and gas development and production company. The Company’s principal activities are the exploration for, and extraction and production of, hydrocarbons in the United Kingdom Continental Shelf and Malaysia. The Company focuses on maturing assets and undeveloped oil fields.
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