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

Euronav NV (NYSE:CMBTGet Free Report) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $12.62 and last traded at $12.62, with a volume of 1199 shares. The stock had previously closed at $12.67.

Euronav Price Performance

The firm has a market cap of $2.58 billion, a P/E ratio of 2.14 and a beta of -0.07. The company has a quick ratio of 1.22, a current ratio of 1.29 and a debt-to-equity ratio of 1.91. The business’s 50-day moving average is $15.34.

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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