Equinor ASA ADR (NYSE:EQNR) shares, rose in value on Wednesday, January 22, with the stock price down by -2.24% to the previous day’s close as strong demand from buyers drove the stock to $24.00.
Actively observing the price movement in the last trading, the stock closed the session at $24.55, falling within a range of $23.995 and $24.35. The value of beta (5-year monthly) was 0.267 whereas the PE ratio was 7.36 over 12-month period. Referring to stock’s 52-week performance, its high was $28.53, and the low was $21.83. On the whole, EQNR has fluctuated by 9.69% over the past month.
With the market capitalization of Equinor ASA ADR currently standing at about $65.63 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 1.35, with its dividend yield at 5.62%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 102.09B, with a low estimate of 21.83B and a high estimate of 28.71B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 25.84B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EQNR’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.27, with the price of EQNR currently trading nearly -1.48% and 0.71% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.39, while the 7-day volatility ratio is showing 1.52% which for the 30-day chart, stands at 1.61%. Furthermore, Equinor ASA ADR (EQNR)’s beta value is 0.83, and its average true range (ATR) is 0.59.
A comparison of Equinor ASA ADR (EQNR) with its peers suggests the former has fared considerably weaker in the market. EQNR showed an intraday change of -2.24% in last session, and over the past year, it shrunk by -9.76%%.
Data on historical trading for Equinor ASA ADR (NYSE:EQNR) indicates that the trading volumes over the past 10 days have averaged 3.63 and over the past 3 months, they’ve averaged 3.63 million. According to company’s latest data on outstanding shares, there are 2.73 billion shares outstanding.
Nearly 0.01% of Equinor ASA ADR’s shares belong to company insiders and institutional investors own 2.57% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 15.27 million shares as on 2024-12-31, resulting in a short ratio of 6.3. According to the data, the short interest in Equinor ASA ADR (EQNR) stood at 213.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 14.37 million. The stock has risen by 1.31% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EQNR stock heading into the next quarter.
