65,988 Shares in Euronav NV (NYSE:CMBT) Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. purchased a new position in shares of Euronav NV (NYSE:CMBT - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 65,988 shares of the company's stock, valued at approximately $655,000.

A number of other large investors have also made changes to their positions in CMBT. SBI Securities Co. Ltd. purchased a new stake in Euronav in the 4th quarter worth approximately $54,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of Euronav in the fourth quarter valued at $58,000. Blue Trust Inc. acquired a new position in Euronav in the fourth quarter valued at $62,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Euronav during the fourth quarter worth about $101,000. Finally, Orion Portfolio Solutions LLC purchased a new stake in Euronav in the 4th quarter valued at about $137,000.

Euronav Trading Down 0.7 %

Shares of NYSE CMBT traded down $0.07 during trading on Wednesday, hitting $9.30. 111,122 shares of the company traded hands, compared to its average volume of 113,757. The firm has a market capitalization of $1.81 billion, a P/E ratio of 1.57 and a beta of 0.10. The company has a quick ratio of 1.22, a current ratio of 1.29 and a debt-to-equity ratio of 1.91. The company has a 50-day moving average price of $9.00 and a 200-day moving average price of $10.50. Euronav NV has a 1 year low of $7.65 and a 1 year high of $18.43.

About Euronav

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium.