Euronav NV (NYSE:CMBT - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $7.65 and last traded at $8.38, with a volume of 79369 shares changing hands. The stock had previously closed at $7.86.
Euronav Stock Performance
The company has a market cap of $1.72 billion, a P/E ratio of 1.49 and a beta of 0.05. The company's fifty day moving average is $9.33 and its 200 day moving average is $11.30. The company has a current ratio of 1.29, a quick ratio of 1.22 and a debt-to-equity ratio of 1.91.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of CMBT. SBI Securities Co. Ltd. purchased a new stake in Euronav during the 4th quarter valued at about $54,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of Euronav during the fourth quarter valued at approximately $58,000. Blue Trust Inc. bought a new position in shares of Euronav in the fourth quarter worth approximately $363,000. Norges Bank bought a new position in shares of Euronav in the fourth quarter worth approximately $5,113,000. Finally, Foundry Partners LLC purchased a new position in shares of Euronav in the fourth quarter worth $2,508,000.
About Euronav
(
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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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