Vident Advisory LLC purchased a new position in Euronav NV (NYSE:CMBT - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 113,236 shares of the company's stock, valued at approximately $1,124,000. Vident Advisory LLC owned about 0.06% of Euronav at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. SBI Securities Co. Ltd. bought a new stake in shares of Euronav in the 4th quarter valued at approximately $54,000. Norges Bank bought a new stake in shares of Euronav in the 4th quarter valued at approximately $5,113,000. Blue Trust Inc. bought a new stake in shares of Euronav in the 4th quarter valued at approximately $363,000. Steward Partners Investment Advisory LLC bought a new stake in Euronav during the 4th quarter worth approximately $58,000. Finally, Envestnet Asset Management Inc. bought a new stake in Euronav during the 4th quarter worth approximately $655,000.
Euronav Price Performance
NYSE CMBT traded up $0.29 during trading hours on Thursday, reaching $9.20. 40,484 shares of the company's stock were exchanged, compared to its average volume of 114,584. The stock has a market cap of $1.79 billion, a PE ratio of 1.55 and a beta of 0.10. Euronav NV has a one year low of $7.65 and a one year high of $18.43. The firm has a fifty day moving average of $9.02 and a 200-day moving average of $9.95. The company has a current ratio of 1.29, a quick ratio of 1.22 and a debt-to-equity ratio of 1.91.
Euronav (NYSE:CMBT - Get Free Report) last released its earnings results on Wednesday, May 21st. The company reported $0.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.19. The company had revenue of $225.66 million during the quarter, compared to the consensus estimate of $194.00 million. Euronav had a return on equity of 22.29% and a net margin of 117.02%.
About Euronav
(
Free Report)
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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