Equinor ASA ADR (NYSE: EQNR) is -2.90% lower on its value in year-to-date trading and has touched a low of $21.50 and a high of $28.11 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 $23.39 in the last trading session, with the day’s loss setting it -0.73%.
Currently trading at $22.66, the stock is -2.57% and -3.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.24 million and changing -3.12% at the moment leaves the stock -8.36% off its SMA200. EQNR registered -3.86% loss for a year compared to 6-month loss of -13.87%.
The stock witnessed a -4.35% gain in the last 1 month and extending the period to 3 months gives it a -3.75%, and is -2.96% 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 3.32% over the week and 2.73% over the month.
Equinor ASA ADR (EQNR) has around 23449 employees, a market worth around $61.96B and $102.50B in sales. Current P/E ratio is 7.28 and Fwd P/E is 6.71. Profit margin for the company is 8.59%. Distance from 52-week low is 5.38% and -19.38% from its 52-week high. The company has generated returns on investments over the last 12 months (13.77%).
with sales reaching $27.22B over the same period.The EPS is expected to grow by 3.24% this year, but quarterly earnings will post -2.56% year-over-year. Quarterly sales are estimated to grow 8.30% in year-over-year returns.
Equinor ASA ADR (EQNR) Top Institutional Holders
The shares outstanding are 2.73B, and float is at 2.73B with Short Float at 0.70%.
The top institutional shareholder in the company is FOLKETRYGDFONDET with over 111.18 million shares valued at $3.18 billion. The investor’s holdings represent 3.9011% of the EQNR Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 15.67 million shares valued at $447.45 million to account for 0.5333 of the shares outstanding. The other top investors are ARROWSTREET CAPITAL, LIMITED PARTNERSHIP which holds 11.53 million shares representing 0.4045% and valued at over $329.28 million, while PRICE T ROWE ASSOCIATES INC /MD/ holds 0.2376 of the shares totaling 6.77 million with a market value of $193.38 million.
Equinor ASA ADR (EQNR) Insider Activity
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