A Few Bright Spots In Equinor ASA ADR (NYSE: EQNR)

Equinor ASA ADR (NYSE:EQNR) currently has a daily average trading volume of 3.93M but it saw 2309542 shares traded in last market. With a market cap of 65.19B USD, the company’s current market price of $23.84 came rising about 0.89 while comparing to the previous closing price of $23.63. In past 52 weeks, the stock remained buoying in the range of price level as high as $30.66 and as low as $21.83. In the recent trading on the day, stock has struck highest price mark of $23.47 while lowest mark touched by it was $23.865.

Taking a look at 20-day trading activity of Equinor ASA ADR (EQNR) gives us an average price of $24.02, while its current price level is -22.24% below from 52-week high level whereas it is 9.21% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $24.32 while that of 200 days or SMA-200 reads an average of $26.32. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.77% during that period while stretching the period over a month that decreases to 1.69%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.39 which implies that the stock is in neutral territory.

Over the week, EQNR’s stock price is moving -0.63% down while it is 6.05% when we observe its performance for the past one month. Year-to-date it is -19.74% down and over the past year, the stock is showing a downside performance of -16.22%.

Currently, Equinor ASA ADR’s total number of outstanding shares is 2.73B. Company’s return on investment (ROI) stands at 14.10% and return on equity (ROE) at 20.23%. It has a price to earnings ratio (P/E ratio) of 7.31 while having a 7.68 of forward P/E ratio. Stock’s beta reads 0.83. Stock has a price to book (P/B) ratio of 1.47 while price to sale or P/S ratio amounts to 0.62. Its return on asset (ROA) is 6.86% on average.