Euronav (NYSE:CMBT) Shares Up 6.3% – Here’s Why

Euronav NV (NYSE:CMBTGet Free Report) shares were up 6.3% on Monday . The stock traded as high as $10.05 and last traded at $9.99. Approximately 104,649 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 541,689 shares. The stock had previously closed at $9.40.

Euronav Stock Up 1.4 %

The company has a debt-to-equity ratio of 1.91, a current ratio of 1.29 and a quick ratio of 1.22. The company has a market cap of $1.99 billion, a P/E ratio of 1.72 and a beta of -0.12. The firm has a 50-day moving average of $12.29.

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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