Euronav NV (NYSE:CMBT - Get Free Report) traded down 3% during trading on Wednesday . The company traded as low as $8.90 and last traded at $8.93. 18,478 shares traded hands during trading, a decline of 83% from the average session volume of 110,847 shares. The stock had previously closed at $9.20.
Euronav Price Performance
The stock has a market capitalization of $1.59 billion, a PE ratio of 1.38 and a beta of 0.05. The firm's 50 day simple moving average is $9.74 and its 200 day simple moving average is $11.71. The company has a debt-to-equity ratio of 1.91, a current ratio of 1.29 and a quick ratio of 1.22.
Institutional Trading of Euronav
Institutional investors have recently added to or reduced their stakes in the business. Norges Bank purchased a new stake in Euronav during the 4th quarter valued at $5,113,000. Uniplan Investment Counsel Inc. purchased a new position in Euronav during the 4th quarter valued at about $4,261,000. Foundry Partners LLC bought a new position in Euronav during the 4th quarter valued at approximately $2,508,000. Vident Advisory LLC purchased a new stake in Euronav in the 4th quarter worth approximately $1,124,000. Finally, Envestnet Asset Management Inc. bought a new stake in shares of Euronav in the 4th quarter worth approximately $655,000.
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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