Euronav (NYSE:CMBT) Trading Up 6.3% – Time to Buy?

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

Euronav Trading Up 6.6 %

The firm has a market capitalization of $1.95 billion, a price-to-earnings ratio of 1.69 and a beta of -0.12. The firm has a 50 day moving average of $12.53. The company has a quick ratio of 1.22, a current ratio of 1.29 and a debt-to-equity ratio of 1.91.

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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