Equinor ASA ADR (EQNR) Stock Price and Analyst Predictions

Equinor ASA ADR (NYSE: EQNR) has a price-to-earnings ratio that is above its average at 7.69x. The stock has a 36-month beta value of 0.83. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 2 as “overweight,” 2 as “hold,” and 0 as “sell.”

The public float for EQNR is 2.73B, and at present, short sellers hold a 0.50% of that float. On September 17, 2024, the average trading volume of EQNR was 2.70M shares.

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EQNR) stock’s latest price update

The stock of Equinor ASA ADR (NYSE: EQNR) has increased by 0.36 when compared to last closing price of 25.09. Despite this, the company has experienced a 0.92% gain in its stock price over the last five trading sessions. zacks.com reported 2024-09-11 that EQNR and its partners make a new gas and condensate discovery in the Norwegian Sea, using Transocean’s Spitsbergen rig. This helps boost development plans for the Lavrans field.

EQNR’s Market Performance

EQNR’s stock has risen by 0.92% in the past week, with a monthly drop of -8.37% and a quarterly drop of -5.83%. The volatility ratio for the week is 1.95% while the volatility levels for the last 30 days are 1.68% for Equinor ASA ADR The simple moving average for the past 20 days is -3.72% for EQNR’s stock, with a -7.14% simple moving average for the past 200 days.

EQNR Trading at -4.47% 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 -22.50% of loss for the given period.

Volatility was left at 1.68%, however, over the last 30 days, the volatility rate increased by 1.95%, as shares sank -9.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.80% lower at present.

During the last 5 trading sessions, EQNR rose by +0.92%, which changed the moving average for the period of 200-days by -22.59% in comparison to the 20-day moving average, which settled at $26.04. In addition, Equinor ASA ADR saw -16.45% 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 0.88. 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

To sum up, Equinor ASA ADR (EQNR) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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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