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Blue Trust Inc. Invests $363,000 in Euronav NV (NYSE:CMBT)

Euronav logo with Transportation background

Blue Trust Inc. purchased a new position in Euronav NV (NYSE:CMBT - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 36,552 shares of the company's stock, valued at approximately $363,000.

Euronav Price Performance

Shares of CMBT stock traded down $0.51 during trading hours on Wednesday, hitting $10.84. 71,406 shares of the company's stock were exchanged, compared to its average volume of 82,065. The company has a market capitalization of $2.11 billion, a PE ratio of 1.83 and a beta of -0.12. 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 NV has a 12-month low of $8.59 and a 12-month high of $21.26. The business's 50 day simple moving average is $10.50 and its 200-day simple moving average is $13.80.

Euronav (NYSE:CMBT - Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.19 earnings per share for the quarter, hitting the consensus estimate of $0.19. Euronav had a net margin of 117.02% and a return on equity of 22.29%. The business had revenue of $221.84 million during the quarter, compared to the consensus estimate of $207.44 million. During the same period in the previous year, the firm posted $0.46 earnings per share.

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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