Mariner LLC Makes New Investment in Euronav NV (NYSE:CMBT)

Mariner LLC purchased a new position in Euronav NV (NYSE:CMBT - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 52,369 shares of the company's stock, valued at approximately $520,000.

A number of other hedge funds have also recently modified their holdings of CMBT. SBI Securities Co. Ltd. purchased a new position in Euronav during the fourth quarter valued at $54,000. Norges Bank bought a new stake in Euronav during the fourth quarter worth about $5,113,000. Blue Trust Inc. purchased a new stake in Euronav in the fourth quarter worth about $363,000. Steward Partners Investment Advisory LLC bought a new position in shares of Euronav during the fourth quarter valued at approximately $58,000. Finally, Foundry Partners LLC purchased a new position in shares of Euronav during the fourth quarter valued at approximately $2,508,000.

Euronav Stock Down 0.7 %

Shares of CMBT traded down $0.07 during trading hours on Wednesday, hitting $9.30. The company had a trading volume of 111,122 shares, compared to its average volume of 113,758. Euronav NV has a 52-week low of $7.65 and a 52-week high of $18.43. The firm has a fifty day moving average price of $9.01 and a 200-day moving average price of $10.49. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 1.57 and a beta of 0.10. The company has a debt-to-equity ratio of 1.91, a quick ratio of 1.22 and a current ratio of 1.29.

Euronav Profile

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.