Equinor ASA ADR (EQNR) Stock: A Closer Look at the Market Potential

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The price-to-earnings ratio for Equinor ASA ADR (NYSE: EQNR) is above average at 8.30x, Company’s 36-month beta value is 0.83.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for EQNR is 2.73B, and currently, short sellers hold a 0.59% ratio of that floaft. The average trading volume of EQNR on August 20, 2024 was 2.68M shares.

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EQNR) stock’s latest price update

Equinor ASA ADR (NYSE: EQNR) has seen a decline in its stock price by -1.62 in relation to its previous close of 27.64. However, the company has experienced a -0.33% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-08-20 that Please see below information about transactions made under the third tranche of the 2024 share buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR, CEUX:EQNRO, TQEX:EQNRO).

EQNR’s Market Performance

EQNR’s stock has fallen by -0.33% in the past week, with a monthly rise of 3.49% and a quarterly drop of -2.79%. The volatility ratio for the week is 1.06% while the volatility levels for the last 30 days are 1.59% for Equinor ASA ADR The simple moving average for the last 20 days is 3.06% for EQNR stock, with a simple moving average of -1.31% for the last 200 days.

Analysts’ Opinion of EQNR

TD Cowen gave a rating of “Hold” to EQNR, setting the target price at $30 in the report published on April 26th of the current year.

EQNR Trading at 1.00% from the 50-Day Moving Average

After a stumble in the market that brought EQNR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.30% of loss for the given period.

Volatility was left at 1.59%, however, over the last 30 days, the volatility rate increased by 1.06%, as shares surge +4.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.25% lower at present.

During the last 5 trading sessions, EQNR fell by -1.36%, which changed the moving average for the period of 200-days by -17.96% in comparison to the 20-day moving average, which settled at $26.76. In addition, Equinor ASA ADR saw -9.77% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for EQNR

Current profitability levels for the company are sitting at:

  • 0.3 for the present operating margin
  • 0.34 for the gross margin

The net margin for Equinor ASA ADR stands at 0.09. The total capital return value is set at 0.31. Equity return is now at value 20.62, with 7.02 for asset returns.

Based on Equinor ASA ADR (EQNR), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.62. The debt to equity ratio resting at 0.69. The interest coverage ratio of the stock is 19.77.

Currently, EBITDA for the company is 46.08 billion with net debt to EBITDA at 0.56. When we switch over and look at the enterprise to sales, we see a ratio of 0.93. The receivables turnover for the company is 9.47for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.53.

Conclusion

In a nutshell, Equinor ASA ADR (EQNR) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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