Euronav (NYSE:CMBT) Shares Gap Up – Time to Buy?

Shares of Euronav NV (NYSE:CMBTGet Free Report) gapped up prior to trading on Friday . The stock had previously closed at $9.93, but opened at $10.49. Euronav shares last traded at $10.38, with a volume of 2,168 shares changing hands.

Euronav Stock Down 1.2 %

The stock has a market capitalization of $2.00 billion, a P/E ratio of 1.73 and a beta of -0.12. The company’s 50-day moving average price is $11.46. 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

(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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