Equinor ASA (NYSE: EQNR) is -11.26% lower on its value in year-to-date trading and has touched a low of $25.76 and a high of $41.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EQNR stock was last observed hovering at around $31.31 in the last trading session, with the day’s loss setting it -0.23%.
Currently trading at $31.08, the stock is -5.37% and -9.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.26 million and changing -0.73% at the moment leaves the stock -9.54% off its SMA200. EQNR registered 13.81% gain for a year compared to 6-month gain of -5.23%.
The stock witnessed a -12.84% loss in the last 1 month and extending the period to 3 months gives it a -6.23%, and is -1.08% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.25% over the week and 2.33% over the month.
Equinor ASA (EQNR) has around 21126 employees, a market worth around $96.79B and $147.29B in sales. Current P/E ratio is 4.10 and Fwd P/E is 5.06. Profit margin for the company is 16.40%. Distance from 52-week low is 20.65% and -24.20% from its 52-week high. The company has generated returns on investments over the last 12 months (14.20%).
Equinor ASA is expected to release its quarterly report on 04/26/2023.The EPS is expected to grow by 256.20% this year.
Equinor ASA (EQNR) Top Institutional Holders
The shares outstanding are 3.15B, and float is at 909.93M with Short Float at 1.16%.