Euronav NV Ordinary Shares (NASDAQ:EURN) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 14, 2016
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 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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