Foundry Partners LLC bought a new position in Euronav NV (NYSE:CMBT - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 252,600 shares of the company's stock, valued at approximately $2,508,000. Foundry Partners LLC owned approximately 0.13% of Euronav as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. purchased a new position in Euronav in the fourth quarter worth about $54,000. Steward Partners Investment Advisory LLC purchased a new position in shares of Euronav in the 4th quarter worth approximately $58,000. Blue Trust Inc. bought a new position in shares of Euronav during the 4th quarter valued at approximately $62,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Euronav during the 4th quarter valued at $101,000. Finally, Orion Portfolio Solutions LLC bought a new stake in Euronav in the fourth quarter worth $137,000.
Euronav Trading Down 2.9 %
Shares of CMBT traded down $0.25 during midday trading on Thursday, hitting $8.12. The stock had a trading volume of 22,817 shares, compared to its average volume of 110,643. Euronav NV has a 1 year low of $7.65 and a 1 year high of $18.43. The company has a debt-to-equity ratio of 1.91, a current ratio of 1.29 and a quick ratio of 1.22. The stock's 50 day moving average is $9.47 and its 200 day moving average is $11.50. The firm has a market cap of $1.58 billion, a PE ratio of 1.36 and a beta of 0.05.
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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