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

Euronav NV (NYSE:CMBTGet Free Report) shares were down 3.8% during trading on Monday . The stock 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 Performance

The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of 1.48 and a beta of -0.12. The stock’s 50-day moving average is $13.31. The company has a debt-to-equity ratio of 1.91, a current ratio of 1.29 and a quick ratio of 1.22.

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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