Shares of Equinor ASA (EQNR) Exceed 52-Week High

March 23, 2022 10:05:53

Shares of Equinor ASA (NYSE:EQNR) traded today at $36.71, eclipsing its 52-week high. This new high was reached on below average trading volume as 2 million shares traded hands, while the average 30-day volume is approximately 5 million shares.

In the past 52 weeks, Equinor ASA share prices are bracketed by a low of $18.45 and a high of $36.71 and is now at $36.62, 99% above that low price.

Equinor ASA (NYSE:EQNR) defies analysts with a current price ($36.62) 0.9% above its average consensus price target of $36.29.

Equinor is a Norway-based integrated oil and gas company. It has been publicly listed since 2001, but the government retains a 67% stake. Operating primarily on the Norwegian Continental Shelf, the firm produced 2.1 million barrels of oil equivalent per day in 2020 (54% oil) and ended the year with 5.3 billion barrels of proven reserves (51% oil). Operations also include offshore wind, solar, oil refineries and natural gas processing, marketing, and trading.

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