Euronav NV (NYSE:CMBT – Get Free Report)’s stock price fell 3.1% during trading on Wednesday . The stock traded as low as $11.47 and last traded at $11.48. 70,505 shares were traded during trading, a decline of 24% from the average session volume of 92,554 shares. The stock had previously closed at $11.85.
Euronav Price Performance
The firm has a 50 day moving average of $10.86. The firm has a market capitalization of $2.16 billion, a price-to-earnings ratio of 1.87 and a beta of -0.11. 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
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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