Market Update: Equinor ASA ADR (EQNR) Sees Positive Movement%, Closing at $24.61

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In the latest session, Equinor ASA ADR (NYSE: EQNR) closed at $24.61 up 0.49% from its previous closing price of $24.49. In other words, the price has increased by $0.49 from its previous closing price. On the day, 3.49 million shares were traded. EQNR stock price reached its highest trading level at $24.705 during the session, while it also had its lowest trading level at $24.5.

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 2.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.94. 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 0.82 whereas as Long-Term Debt/Eq ratio is at 0.58.

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 62401613824 and an Enterprise Value of 75124416512. As of this moment, Equinor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.15, and their Forward P/E ratio for the next fiscal year is 8.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 0.706 whereas that against EBITDA is 1.998.

Stock Price History:

The Beta on a monthly basis for EQNR is 0.55, which has changed by -0.09455484 over the last 52 weeks, in comparison to a change of 0.1590569 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 -3.53%, while the 200-Day Moving Average is calculated to be 1.82%.

Shares Statistics:

For the past three months, EQNR has traded an average of 3.92M shares per day and 3105180 over the past ten days. A total of 2.73B shares are outstanding, with a floating share count of 2.53B. Insiders hold about 0.00% of the company’s shares, while institutions hold 2.79% stake in the company. Shares short for EQNR as of 1755216000 were 24156678 with a Short Ratio of 6.17, compared to 1752537600 on 21771672. Therefore, it implies a Short% of Shares Outstanding of 24156678 and a Short% of Float of 3.6900000000000004.

Dividends & Splits

According to the company, the forward annual dividend rate for EQNR is 1.43, from 1.46 in the trailing year. Against a Trailing Annual Dividend Yield of 0.05961617The stock’s 5-year Average Dividend Yield is 3.58.

Earnings Estimates

Analysts are recommending an EPS of between $3.21 and $2.92 for the fiscal current year, implying an average EPS of $3.07. EPS for the following year is $3.26, with 2.0 analysts recommending between $3.38 and $3.13.

Revenue Estimates

A total of 8 analysts believe the company’s revenue will be $23.54B this quarter.It ranges from a high estimate of $26.23B to a low estimate of $19.63B. As of the current estimate, Equinor ASA ADR’s year-ago sales were $25.45BFor the next quarter, 8 analysts are estimating revenue of $23.16B. There is a high estimate of $25.69B for the next quarter, whereas the lowest estimate is $18.3B.

A total of 11 analysts have provided revenue estimates for EQNR’s current fiscal year. The highest revenue estimate was $108.31B, while the lowest revenue estimate was $92.99B, resulting in an average revenue estimate of $103.31B. In the same quarter a year ago, actual revenue was $103.77BBased on 13 analysts’ estimates, the company’s revenue will be $95.83B in the next fiscal year. The high estimate is $109.03B and the low estimate is $70.25B.

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