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Euronav (NYSE:CMBT) Shares Down 3.1% - Should You Sell?

Euronav logo with Transportation background

Euronav NV (NYSE:CMBT - Get Free Report)'s share price dropped 3.1% during trading on Wednesday . The company traded as low as $11.47 and last traded at $11.48. Approximately 70,505 shares were traded during trading, a decline of 24% from the average daily volume of 92,554 shares. The stock had previously closed at $11.85.

Euronav Price Performance

The company has a quick ratio of 1.22, a current ratio of 1.29 and a debt-to-equity ratio of 1.91. The stock has a market capitalization of $2.26 billion, a PE ratio of 1.96 and a beta of -0.11. The company has a 50 day moving average of $10.90.

Euronav Company Profile

(Get 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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