Euronav (NYSE:CMBT) Trading Down 2.7% – What’s Next?

Euronav NV (NYSE:CMBTGet Free Report)’s stock price was down 2.7% during trading on Thursday . The company traded as low as $9.89 and last traded at $9.93. Approximately 23,637 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 537,967 shares. The stock had previously closed at $10.21.

Euronav Price Performance

The company has a market cap of $1.95 billion, a PE ratio of 1.69 and a beta of -0.12. The company’s fifty day moving average price is $12.17. The company has a debt-to-equity ratio of 1.91, a quick ratio of 1.22 and a current ratio of 1.29.

About Euronav

(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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