Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Equinor ASA ADR’s stock clocked out at $27.12, down -0.04% from its previous closing price of $27.13. In other words, the price has decreased by -$0.04 from its previous closing price. On the day, 2.79 million shares were traded. EQNR stock price reached its highest trading level at $27.12 during the session, while it also had its lowest trading level at $26.815.
Ratios:
To gain a deeper understanding of EQNR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.69. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.51.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on February 20, 2024, Upgraded its rating to Equal-Weight and sets its target price to $28.50 from $26.40 previously.
On January 10, 2024, TD Cowen started tracking the stock assigning a Market Perform rating and target price of $28.TD Cowen initiated its Market Perform rating on January 10, 2024, with a $28 target price.
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 79366135808 and an Enterprise Value of 72831606784. As of this moment, Equinor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.95, and their Forward P/E ratio for the next fiscal year is 8.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.75 while its Price-to-Book (P/B) ratio in mrq is 1.65. Its current Enterprise Value per Revenue stands at 0.682 whereas that against EBITDA is 1.645.
Stock Price History:
Over the past 52 weeks, EQNR has reached a high of $33.31, while it has fallen to a 52-week low of $23.74. The 50-Day Moving Average of the stock is 2.69%, while the 200-Day Moving Average is calculated to be -7.19%.
Shares Statistics:
It appears that EQNR traded 3.76M shares on average per day over the past three months and 4004990 shares per day over the past ten days. A total of 2.96B shares are outstanding, with a floating share count of 2.96B. Insiders hold about 0.00% of the company’s shares, while institutions hold 2.17% stake in the company. Shares short for EQNR as of 1711584000 were 11198875 with a Short Ratio of 2.79, compared to 1709164800 on 12615887.
Dividends & Splits
With its trailing 12-month dividend rate of 1.25, EQNR has a forward annual dividend rate of 1.16. Against a Trailing Annual Dividend Yield of 0.046074457The stock’s 5-year Average Dividend Yield is 3.77.
