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Euronav NV Ordinary Shares (NASDAQ:EURN) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.

Zacks Investment Research has downgraded Euronav NV Ordinary Shares (NASDAQ:EURN) to Sell in a statement released on 10/14/2016.

Having a price of $7.90, Euronav NV Ordinary Shares (NASDAQ:EURN) traded 2.60% higher on the day. With the last stock price down -15.92% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. EURN has recorded a 50-day average of $8.35 and a two hundred day average of $9.40. Trade Volume was down over the average, with 642,397 shares of EURN changing hands under the typical 711,955

Recent Performance Chart

Euronav NV Ordinary Shares (NASDAQ:EURN)

Euronav NV Ordinary Shares has PE ratio of 3.80 with a one year low of $7.39 and a one year high of $16.23 and has a market capitalization of $0.

A total of 16 brokerages have issued a ratings update on Euronav NV Ordinary Shares. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $14.61.

General Company Details For 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 March 24, 2016, it owned and operated a fleet of 55 vessels, including 30 very large crude carriers, 1 ultra large crude carrier, 22 Suezmax vessels, and 2 floating, storage, and offloading vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium.

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