A new trading day began on Tuesday, with Equinor ASA ADR (NYSE: EQNR) stock price down -1.27% from the previous day of trading, before settling in for the closing price of $22.81. EQNR’s price has ranged from $22.15 to $31.66 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 17.20% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -2.90%. With a float of $2.73 billion, this company’s outstanding shares have now reached $2.94 billion.
In an organization with 23449 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 33.46%, operating margin of 29.47%, and the pretax margin is 30.65%.
Equinor ASA ADR (EQNR) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Integrated Industry. The insider ownership of Equinor ASA ADR is 0.00%, while institutional ownership is 3.04%.
Equinor ASA ADR (EQNR) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.63 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.81 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -2.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.39% during the next five years compared to 11.67% growth over the previous five years of trading.
Equinor ASA ADR (NYSE: EQNR) Trading Performance Indicators
Here are Equinor ASA ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.59. Likewise, its price to free cash flow for the trailing twelve months is 6.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.26, a number that is poised to hit 0.81 in the next quarter and is forecasted to reach 3.08 in one year’s time.
Technical Analysis of Equinor ASA ADR (EQNR)
Let’s dig in a bit further. During the last 5-days, its volume was 5.4 million. That was better than the volume of 3.37 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 21.92%. Additionally, its Average True Range was 0.60.
During the past 100 days, Equinor ASA ADR’s (EQNR) raw stochastic average was set at 5.38%, which indicates a significant decrease from 9.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.54% in the past 14 days, which was higher than the 28.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.72, while its 200-day Moving Average is $26.57. However, in the short run, Equinor ASA ADR’s stock first resistance to watch stands at $22.68. Second resistance stands at $22.83. The third major resistance level sits at $22.96. If the price goes on to break the first support level at $22.39, it is likely to go to the next support level at $22.26. The third support level lies at $22.11 if the price breaches the second support level.
Equinor ASA ADR (NYSE: EQNR) Key Stats
With a market capitalization of 61.58 billion, the company has a total of 2,792,781K Shares Outstanding. Currently, annual sales are 107,174 M while annual income is 11,885 M. The company’s previous quarter sales were 25,446 M while its latest quarter income was 2,281 M.
