Equinor ASA ADR (NYSE:EQNR) shares, rose in value on Thursday, February 13, with the stock price up by 0.60% to the previous day’s close as strong demand from buyers drove the stock to $23.41.
Actively observing the price movement in the last trading, the stock closed the session at $23.27. The PE ratio was 7.52 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 -8.23% over the past month.
With the market capitalization of Equinor ASA ADR currently standing at about $64.01 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 1.35, with its dividend yield at 5.77%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 101.67B, with a low estimate of 26.59B and a high estimate of 29.22B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 27.23B.
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 100% 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 8.85, with the price of EQNR currently trading nearly -2.50% and -2.12% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.32, while the 7-day volatility ratio is showing 2.61% which for the 30-day chart, stands at 2.17%. Furthermore, Equinor ASA ADR (EQNR)’s beta value is 0.78, and its average true range (ATR) is 0.73.
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 0.60% in last session, and over the past year, it shrunk by -5.43%%.
Data on historical trading for Equinor ASA ADR (NYSE:EQNR) indicates that the trading volumes over the past 3 months, they’ve averaged 3.72 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 2.52% of the company’s shares. The stock has fallen by -1.18% 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.
