Euronav (NYSE:CMBT) Stock Price Down 2.7% – Time to Sell?

by · The Cerbat Gem

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

Euronav Trading Down 0.3 %

The firm’s fifty day moving average price is $11.92. The stock has a market capitalization of $1.95 billion, a P/E ratio of 1.69 and a beta of -0.12. The company has a debt-to-equity ratio of 1.91, a current ratio of 1.29 and a quick ratio of 1.22.

Euronav Company Profile

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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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