Norges Bank bought a new stake in shares of Euronav NV (NYSE:CMBT - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 503,623 shares of the company's stock, valued at approximately $5,113,000. Norges Bank owned about 0.26% of Euronav as of its most recent filing with the SEC.
A number of other large investors also recently made changes to their positions in CMBT. SBI Securities Co. Ltd. bought a new stake in shares of Euronav during the fourth quarter worth $54,000. Steward Partners Investment Advisory LLC bought a new position in Euronav during the 4th quarter worth about $58,000. Blue Trust Inc. acquired a new stake in shares of Euronav in the 4th quarter valued at about $62,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Euronav in the fourth quarter valued at about $101,000. Finally, Mesirow Financial Investment Management Inc. acquired a new position in shares of Euronav during the fourth quarter worth about $140,000.
Euronav Stock Down 0.3 %
Shares of NYSE:CMBT traded down $0.03 during mid-day trading on Tuesday, reaching $8.92. 5,706 shares of the stock were exchanged, compared to its average volume of 82,011. The stock's 50 day simple moving average is $9.33 and its 200-day simple moving average is $11.30. Euronav NV has a one year low of $7.65 and a one year high of $21.26. The company has a market cap of $1.73 billion, a P/E ratio of 1.50 and a beta of 0.05. The company has a quick ratio of 1.22, a current ratio of 1.29 and a debt-to-equity ratio of 1.91.
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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