Euronav (NYSE:CMBT) Trading Down 3.8% – Time to Sell?

Euronav NV (NYSE:CMBTGet Free Report)’s stock price dropped 3.8% during mid-day trading on Monday . The company traded as low as $8.70 and last traded at $8.79. Approximately 44,927 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 549,232 shares. The stock had previously closed at $9.14.

Euronav Stock Up 8.0 %

The company has a quick ratio of 1.22, a current ratio of 1.29 and a debt-to-equity ratio of 1.91. The firm has a market cap of $1.88 billion, a P/E ratio of 1.57 and a beta of -0.12. The firm has a fifty day moving average price of $12.97.

Euronav Company Profile

(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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