Euronav NV (NYSE:CMBT - Get Free Report)'s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $9.74, but opened at $10.00. Euronav shares last traded at $9.61, with a volume of 23,284 shares traded.
Euronav Stock Performance
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 firm has a 50-day moving average price of $9.02 and a 200 day moving average price of $9.73. The firm has a market capitalization of $1.86 billion, a PE ratio of 1.61 and a beta of 0.07.
Euronav (NYSE:CMBT - Get Free Report) last posted its earnings results on Wednesday, May 21st. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.19. The firm had revenue of $225.66 million for the quarter, compared to analyst estimates of $194.00 million. Euronav had a return on equity of 22.29% and a net margin of 117.02%.
Institutional Trading of Euronav
Several hedge funds have recently made changes to their positions in CMBT. State of Wyoming acquired a new position in shares of Euronav in the fourth quarter valued at approximately $37,000. SBI Securities Co. Ltd. purchased a new position in Euronav in the 4th quarter valued at approximately $54,000. Steward Partners Investment Advisory LLC purchased a new position in Euronav in the 4th quarter valued at approximately $58,000. Blue Trust Inc. acquired a new position in shares of Euronav in the fourth quarter worth $62,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Euronav during the fourth quarter worth $101,000.
Euronav Company Profile
(
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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.
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