Equinor ASA ADR [NYSE: EQNR] traded at a high on Thursday, posting a 0.54 gain after which it closed the day’ session at $24.32.
The results of the trading session contributed to over 2715258 shares changing hands. Over the past one week, the price volatility of Equinor ASA ADR stands at 1.23% while the volatility over the past one month is 1.75%.
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The market cap for EQNR stock reached $66.50 billion, with 2.94 billion shares outstanding and 2.73 billion shares in the current float. Compared to the average trading volume of 3.17M shares, EQNR reached a trading volume of 2715258 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 $29.76 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 2.14. 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 Equal-Weight, with their previous recommendation back on October 14, 2024. The new note on the price target was released on August 29, 2024, representing the official price target for Equinor ASA ADR stock.
The Average True Range (ATR) for Equinor ASA ADR is set at 0.61, with the Price to Sales ratio for EQNR stock in the period of the last 12 months amounting to 0.63. The Price to Book ratio for the last quarter was 1.64, 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 8.88 with Quick ratio for the last quarter at 1.43.
How has EQNR stock performed recently?
Equinor ASA ADR [EQNR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.33. With this latest performance, EQNR shares dropped by -3.18% in over the last four-week period, additionally sinking by -8.43% over the last 6 months – not to mention a drop of -24.71% 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 40.25, with the RSI for the last a single of trading hit 37.03, and the three-weeks RSI is set at 41.63 for Equinor ASA ADR [EQNR]. The present Moving Average for the last 50 days of trading for this stock 25.94, while it was recorded at 24.83 for the last single week of trading, and 27.10 for the last 200 days.
Equinor ASA ADR [EQNR]: Deeper insight into the 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 analysis for Equinor ASA ADR [EQNR]
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 3.25%.
Insider trade positions for Equinor ASA ADR [EQNR]
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%.
