Euronav (NYSE:CMBT) Hits New 1-Year Low – What’s Next?

Euronav NV (NYSE:CMBTGet Free Report)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as $14.03 and last traded at $14.12, with a volume of 75746 shares changing hands. The stock had previously closed at $14.31.

Euronav Price Performance

The company has a debt-to-equity ratio of 1.54, a current ratio of 1.37 and a quick ratio of 1.32. The company’s 50-day moving average is $15.99.

Euronav (NYSE:CMBTGet Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.22. The business had revenue of $233.66 million for the quarter. Euronav had a net margin of 112.38% and a return on equity of 22.35%. As a group, sell-side analysts anticipate that Euronav NV will post 1.56 EPS for the current fiscal year.

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.

Featured Articles

Receive News & Ratings for Euronav Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Euronav and related companies with MarketBeat.com's FREE daily email newsletter.