Equinor ASA ADR (NYSE: EQNR) is -8.82% lower on its value in year-to-date trading and has touched a low of $24.14 and a high of $32.90 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 $27.83 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $27.83, the stock is 4.64% and 2.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.42 million and changing 0.00% at the moment leaves the stock -0.40% off its SMA200. EQNR registered -1.79% loss for a year compared to 6-month gain of 11.93%.
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The stock witnessed a 1.79% loss in the last 1 month and extending the period to 3 months gives it a -0.57%, and is 1.09% up 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 0.91% over the week and 1.59% over the month.
Equinor ASA ADR (EQNR) has around 23449 employees, a market worth around $76.10B and $105.32B in sales. Current P/E ratio is 8.50 and Fwd P/E is 8.24. Profit margin for the company is 9.14%. Distance from 52-week low is 15.28% and -15.42% from its 52-week high. The company has generated returns on investments over the last 12 months (14.42%).
The EPS is expected to shrink by -0.98% this year.
Equinor ASA ADR (EQNR) Top Institutional Holders
The shares outstanding are 2.94B, and float is at 2.73B with Short Float at 0.59%.
The top institutional shareholder in the company is FOLKETRYGDFONDET with over 105.15 million shares valued at $$2.84 billion. The investor’s holdings represent 3.5789 of the EQNR Shares outstanding. As of 2024-03-31, the second largest holder is FMR LLC with 10.68 million shares valued at $$288.7 million to account for 0.3635 of the shares outstanding. The other top investors are ARROWSTREET CAPITAL, LIMITED PARTNERSHIP which holds 10.06 million shares representing 0.3423 and valued at over $$271.85 million, while PRICE T ROWE ASSOCIATES INC /MD/ holds 0.2309 of the shares totaling 6.78 million with a market value of $$183.35 million.
