Currently, Equinor ASA ADR [EQNR] is trading at $27.12, up 1.38%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The EQNR shares have gain 8.52% over the last week, with a monthly amount glided 7.15%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Equinor ASA ADR [NYSE: EQNR] stock has seen the most recent analyst activity on August 29, 2024, when Morgan Stanley downgraded its rating to a Underweight. Previously, UBS upgraded its rating to Reduce on August 08, 2024. On August 08, 2024, upgrade upgraded it’s rating to Neutral. TD Cowen reiterated its Hold rating and increased its price target to $30 on April 26, 2024. Morgan Stanley upgraded its rating to Equal-Weight for this stock on February 20, 2024, and upped its price target to $28.50. In a note dated February 08, 2024, DZ Bank downgraded an Hold rating on this stock.
This stock has fluctuated between a low of $23.84 and a high of $32.49 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $82.5 within the next 12 months. Equinor ASA ADR [NYSE: EQNR] shares were valued at $27.12 at the most recent close of the market. An investor can expect a potential return of 204.2% based on the average EQNR price forecast.
Analyzing the EQNR fundamentals
Trailing Twelve Months sales for Equinor ASA ADR [NYSE:EQNR] were 105.32B which represents 11.33% growth. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.3%, Pretax Profit Margin comes in at 0.31%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.2 and Total Capital is 0.31. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.69.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.78 points at the first support level, and at 26.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.30, and for the 2nd resistance point, it is at 27.47.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Equinor ASA ADR [NYSE:EQNR] is 1.53. Further, the Quick Ratio stands at 1.43, while the Cash Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 0.70, the price to book ratio is 1.83 and price to earnings (TTM) ratio is 8.28.
