Shares of Euronav NV (NYSE:CMBT – Get Free Report) dropped 2.7% on Thursday . The stock traded as low as $9.89 and last traded at $9.93. Approximately 23,637 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 537,967 shares. The stock had previously closed at $10.21.
Euronav Price Performance
The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of 1.69 and a beta of -0.12. 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 stock’s 50 day moving average is $11.92.
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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