Equinor ASA ADR [NYSE: EQNR] plunged by -$0.82 during the normal trading session on while it closed the day at $26.30.
Equinor ASA ADR stock has also gained 3.83% of its value over the past 7 days. However, EQNR stock has declined by -2.76% in the 3 months of the year. Over the past six months meanwhile, it has lost -3.70% and lost -12.74% year-on date.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for EQNR stock reached $71.91 billion, with 2.94 billion shares outstanding and 2.73 billion shares in the current float. Compared to the average trading volume of 3.07M shares, EQNR reached a trading volume of 6827479 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Equinor ASA ADR [EQNR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EQNR shares is $29.96 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EQNR stock is a recommendation set at 2.43. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for Equinor ASA ADR shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on August 29, 2024. The new note on the price target was released on August 08, 2024, representing the official price target for Equinor ASA ADR stock. On April 26, 2024, analysts increased their price target for EQNR shares from 28 to 30.
The Average True Range (ATR) for Equinor ASA ADR is set at 0.65, with the Price to Sales ratio for EQNR stock in the period of the last 12 months amounting to 0.68. The Price to Book ratio for the last quarter was 1.77, with the Price to Cash per share for the same quarter was set at 11.70. Price to Free Cash Flow for EQNR in the course of the last twelve months was 9.60 with Quick ratio for the last quarter at 1.43.
EQNR stock trade performance evaluation
Equinor ASA ADR [EQNR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.83. With this latest performance, EQNR shares gained by 5.50% in over the last four-week period, additionally sinking by -3.70% over the last 6 months – not to mention a drop of -9.37% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EQNR stock in for the last two-week period is set at 55.17, with the RSI for the last a single of trading hit 57.24, and the three-weeks RSI is set at 52.65 for Equinor ASA ADR [EQNR]. The present Moving Average for the last 50 days of trading for this stock 26.11, while it was recorded at 26.55 for the last single week of trading, and 27.37 for the last 200 days.
Equinor ASA ADR [EQNR]: An insightful look at the core fundamentals
Equinor ASA ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.43 and a Current Ratio set at 1.53.
Earnings per share (EPS) analysis for Equinor ASA ADR [EQNR] stock
With the latest financial reports released by the company, Equinor ASA ADR posted 0.63/share EPS, while the average EPS was predicted by analysts to be reported at 0.86/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.23. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EQNR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Equinor ASA ADR go to 2.20%.
Equinor ASA ADR [EQNR]: Institutional Ownership
The top three institutional holders of EQNR stocks are: FOLKETRYGDFONDET with ownership of 111.18 million shares, which is approximately 3.7842%. FMR LLC, holding 15.67 million shares of the stock with an approximate value of $$447.45 million in EQNR stocks shares; and FMR LLC, currently with $$329.28 million in EQNR stock with ownership which is approximately 0.3924%.
