Equinor ASA ADR (NYSE: EQNR) is -4.73% lower on its value in year-to-date trading and has touched a low of $21.41 and a high of $28.26 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 $26.49 in the last trading session, with the day’s loss setting it -22.41%.
Currently trading at $4.08M, the stock is -1.38% and 4.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.34 million and changing 6344956% at the moment leaves the stock 5.21% off its SMA200. EQNR registered 7.77% gain for a year compared to 6-month gain of 16.69%. The firm has a 50-day simple moving average (SMA 50) of $24.1032 and a 200-day simple moving average (SMA200) of $24.19975.
The stock witnessed a 7.02% loss in the last 1 month and extending the period to 3 months gives it a -1.53%, and is -8.94% 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 2.57% over the week and 2.47% over the month.
Equinor ASA ADR (EQNR) has around 25155 employees, a market worth around $68.77B and $106.80B in sales. Current P/E ratio is 7.94 and Fwd P/E is 8.44. Profit margin for the company is 8.21%. Distance from 52-week low is 17.50% and -11.02% from its 52-week high. The company has generated returns on investments over the last 12 months (12.79%).
The EPS is expected to shrink by -8.20% this year.
Equinor ASA ADR (EQNR) Top Institutional Holders
399.0 institutions hold shares in Equinor ASA ADR (EQNR), with institutional investors hold 6.76% of the company’s shares. The shares outstanding are 2.73B, and float is at 2.73B with Short Float at 0.82%. Institutions hold 6.76% 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.
