Equinor ASA ADR (NYSE: EQNR) is -0.37% lower on its value in year-to-date trading and has touched a low of $21.41 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 $22.56 in the last trading session, with the day’s gains setting it 0.69%.
Currently trading at $23.25, the stock is -6.61% and -2.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.45 million and changing 3.06% at the moment leaves the stock -4.59% off its SMA200. EQNR registered -12.56% loss for a year compared to 6-month loss of -3.74%. The firm has a 50-day simple moving average (SMA 50) of $24.0182 and a 200-day simple moving average (SMA200) of $24.91635.
The stock witnessed a -2.23% gain in the last 1 month and extending the period to 3 months gives it a -6.60%, and is -0.68% 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 6.73% over the week and 2.93% over the month.
Equinor ASA ADR (EQNR) has around 25155 employees, a market worth around $63.58B and $102.50B in sales. Current P/E ratio is 7.47 and Fwd P/E is 7.07. Profit margin for the company is 8.59%. Distance from 52-week low is 8.62% and -17.28% from its 52-week high. The company has generated returns on investments over the last 12 months (13.77%).
with sales reaching $27.25B over the same period.The EPS is expected to grow by 1.43% this year, but quarterly earnings will post -1.99% year-over-year. Quarterly sales are estimated to grow 8.43% in year-over-year returns.
Equinor ASA ADR (EQNR) Top Institutional Holders
379.0 institutions hold shares in Equinor ASA ADR (EQNR), with institutional investors hold 6.38% of the company’s shares. The shares outstanding are 2.73B, and float is at 2.73B with Short Float at 0.67%. Institutions hold 6.38% of the Float.
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 0.5497 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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