Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Equinor ASA ADR’s current trading price is -22.81% away from its 52-week high, while its distance from the 52-week low is 8.30%. The stock’s price range during this period has varied between $23.74 and $33.31. The company, active in the Energy sector, saw a trading volume of around 1.49 million for the day, considerably lower average daily volume of 3.42 million observed over the last three months.
Equinor ASA ADR had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $33.31 on 10/18/23, while the lowest price during the same period was $23.74 on 02/15/24.
How Financial Performance Impacts Market Capitalization
Equinor ASA ADR (EQNR) has experienced a quarterly decline of -14.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 76.22B and boasts a workforce of 21936 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 29.96, with a change in price of -8.84. Similarly, Equinor ASA ADR recorded 3,052,902 in trading volume during the last 100 days, posting a change of -25.60%.
How EQNR’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for EQNR stands at 0.66. Similarly, the long-term debt-to-equity ratio is also 0.51.
EQNR Stock Stochastic Average
As of today, the raw stochastic average of Equinor ASA ADR over the last 50 days is at 15.21%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 67.76%. Further, the company’s Stochastic %K and %D values for the last 20 days were 71.50% and 68.14%, respectively.
EQNR Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -16.79%. However, over the past six months, we’ve seen a stronger performance of -17.26%. The price of EQNR fallen by 0.48% over the last 30 days. And in the last five days, it has surged by 1.26%.
