Market Update: Equinor ASA ADR (EQNR) Sees Negative Movement%, Closing at $24.14

Kiel Thompson

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In the latest session, Equinor ASA ADR (NYSE: EQNR) closed at $24.14 down -1.67% from its previous closing price of $24.55. In other words, the price has decreased by -$1.67 from its previous closing price. On the day, 5.87 million shares were traded. EQNR stock price reached its highest trading level at $24.215 during the session, while it also had its lowest trading level at $23.575.

Ratios:

For a deeper understanding of Equinor ASA ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.96. For the most recent quarter (mrq), Quick Ratio is recorded 1.12 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.62.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EQNR now has a Market Capitalization of 60370841600 and an Enterprise Value of 69632778240. As of this moment, Equinor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.47, and their Forward P/E ratio for the next fiscal year is 8.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 1.48. Its current Enterprise Value per Revenue stands at 0.65 whereas that against EBITDA is 1.882.

Stock Price History:

The Beta on a monthly basis for EQNR is 0.36, which has changed by -0.050290108 over the last 52 weeks, in comparison to a change of 0.16067612 over the same period for the S&P500. Over the past 52 weeks, EQNR has reached a high of $28.26, while it has fallen to a 52-week low of $21.41. The 50-Day Moving Average of the stock is 2.69%, while the 200-Day Moving Average is calculated to be -0.83%.

Shares Statistics:

For the past three months, EQNR has traded an average of 3.64M shares per day and 2744490 over the past ten days. A total of 2.53B shares are outstanding, with a floating share count of 2.53B. Insiders hold about 0.00% of the company’s shares, while institutions hold 2.92% stake in the company. Shares short for EQNR as of 1765756800 were 30131669 with a Short Ratio of 8.27, compared to 1763078400 on 29314746. Therefore, it implies a Short% of Shares Outstanding of 30131669 and a Short% of Float of 4.77.

Dividends & Splits

According to the company, the forward annual dividend rate for EQNR is 1.46, from 1.48 in the trailing year. Against a Trailing Annual Dividend Yield of 0.060285136. The stock’s 5-year Average Dividend Yield is 3.63.

Earnings Estimates

Analysts are recommending an EPS of between $2.98 and $2.16 for the fiscal current year, implying an average EPS of $2.6. EPS for the following year is $3.02, with 1.0 analysts recommending between $3.02 and $3.02.

Revenue Estimates

A total of 6 analysts believe the company’s revenue will be $23.46B this quarter.It ranges from a high estimate of $26.55B to a low estimate of $19.62B. As of. The current estimate, Equinor ASA ADR’s year-ago sales were $27.65BFor the next quarter, 6 analysts are estimating revenue of $20.69B. There is a high estimate of $24.29B for the next quarter, whereas the lowest estimate is $17.15B.

A total of 13 analysts have provided revenue estimates for EQNR’s current fiscal year. The highest revenue estimate was $107.8B, while the lowest revenue estimate was $91.6B, resulting in an average revenue estimate of $103.72B. In the same quarter a year ago, actual revenue was $103.77BBased on 12 analysts’ estimates, the company’s revenue will be $97.58B in the next fiscal year. The high estimate is $109.03B and the low estimate is $82.48B.

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