CMB.TECH (NYSE:CMBT - Get Free Report) was upgraded by Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued on Saturday.
CMB.TECH Trading Up 2.9%
Shares of NYSE:CMBT traded up $0.27 during trading hours on Friday, hitting $9.71. 110,157 shares of the company's stock traded hands, compared to its average volume of 115,732. CMB.TECH has a 1 year low of $7.65 and a 1 year high of $18.43. The business has a fifty day moving average price of $9.14 and a 200-day moving average price of $9.67. The firm has a market capitalization of $1.89 billion, a P/E ratio of 4.52 and a beta of 0.07. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.95 and a quick ratio of 0.88.
CMB.TECH (NYSE:CMBT - Get Free Report) last posted its quarterly earnings data on Wednesday, May 21st. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.19. CMB.TECH had a return on equity of 12.63% and a net margin of 43.45%. The company had revenue of $225.66 million during the quarter, compared to analysts' expectations of $194.00 million.
Institutional Trading of CMB.TECH
Large investors have recently made changes to their positions in the stock. Norges Bank purchased a new stake in CMB.TECH in the 4th quarter valued at about $5,113,000. Uniplan Investment Counsel Inc. purchased a new stake in shares of CMB.TECH in the 4th quarter worth $4,261,000. Foundry Partners LLC purchased a new stake in shares of CMB.TECH in the 4th quarter worth $2,508,000. Goldman Sachs Group Inc. lifted its holdings in shares of CMB.TECH by 17.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 248,014 shares of the company's stock worth $2,252,000 after buying an additional 37,356 shares during the period. Finally, Vident Advisory LLC purchased a new stake in shares of CMB.TECH in the 4th quarter worth $1,124,000.
CMB.TECH 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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