Breaking Finance News

Euronav NV Ordinary Shares (NASDAQ:EURN) has been downgraded to Hold in a statement by ValuEngine earlier today.

Boasting a price of $7.55, Euronav NV Ordinary Shares (NASDAQ:EURN) traded -0.82% lower on the day. With the last stock price close down 8.64% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Euronav NV Ordinary Shares has recorded a 50-day average of $8.05 and a two hundred day average of $7.78. Volume of trade was down over the average, with 156,649 shares of EURN changing hands under the typical 529,138

ValuEngine has downgraded Euronav NV Ordinary Shares (NASDAQ:EURN) to Hold in a statement released on 6/2/2017.

Performance Chart

Euronav NV Ordinary Shares (NASDAQ:EURN)

With a total market value of $0, Euronav NV Ordinary Shares has price-earnings ratio of 22.30 with a one year low of $6.65 and a one year high of $8.65 .

A total of 16 equity analysts have released a ratings update on EURN. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $14.61.

Brief Synopsis About Euronav NV Ordinary Shares (NASDAQ:EURN)

Euronav NV, together with its subsidiaries, owns, operates, and manages a fleet of vessels for the ocean transportation and storage of crude oil and petroleum products worldwide. The company operates through two segments, Tankers; and Floating Production, Storage, and Offloading Operations. As of August 23, 2017, it owned and operated a fleet of 56 double hulled vessels, including 30 very large crude carriers, 1 V-Plus vessel, 19 Suezmax vessels, and 2 floating, storage, and offloading vessels, as well as 4 Suezmax vessels under construction. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium.

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