In a recent bid Euronav NV [EURN] faced a contemporary bid of $8.19 yielding a -4.00% decline where 1.01 million shares have exchanged hands over the last week. EURN amount got a boost by 3.47% or $0.27 versus $7.92 at the end of the prior session. This change led market cap to move at 1.62B, putting the price 13.74% below the 52-week high and -37.96% above the 52-week low. The company’s stock has a normal trading capacity of 1.01 million shares while the relative volume is 1.17.
On 5, November 2020, Euronav NV to Host Earnings Call. According to news published on Yahoo Finance, NEW YORK, NY / ACCESSWIRE / November 5, 2020 / Euronav NV (NYSE:EURN) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on November 5, 2020 at 8:00 AM Eastern Time.
Analyst Birdseye View:
The most recent analyst activity for Euronav NV [NYSE:EURN] stock was on May 28, 2020, when it was Upgrade with a Buy rating from DNB Markets. On October 17, 2019, Stifel Upgrade a Buy rating. On February 12, 2019, DNB Markets Upgrade a Buy rating. On January 23, 2019, JP Morgan Upgrade an Overweight rating. On November 30, 2018, DNB Markets Downgrade a Hold rating. On February 12, 2018, Morgan Stanley Upgrade an Overweight rating.
In the past 52 weeks of trading, this stock has oscillated between a low of $7.20 and a peak of $13.21. Right now, according to Wall Street analyst the average 12-month amount target is $11.08. At the most recent market close, shares of Euronav NV [NYSE:EURN] were valued at $8.19. According to the average price forecast, investors can expect a potential return of -8.36%.
Euronav NV [NYSE:EURN] most recently reported quarterly sales of 206.15 billion, which represented growth of 37.50%. This publicly-traded organization’s revenue is $286,267 per employee, while its income is $34,458 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 2.74, 4.97, 4.27 and 2.96 respectively.
If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 43.01 and the whole liability to whole assets at 41.89. It shows enduring liability to the whole principal at 37.56 and enduring liability to assets at 0.37 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 7.84 points at 1st support level, the second support level is making up to 7.75. But as of 1st resistance point, this stock is sitting at 7.99 and at 8.05 for 2nd resistance point.
Euronav NV [EURN] reported its earnings at $0.22 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.24/share signifying the difference of -0.02 and -8.30% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $1.21 calling estimates for $1.16/share with the difference of 0.05 depicting the surprise of 4.30%.
Important Ratio’s To Watch
Quick ratio, showing Cash ratio at 0.94. Now if looking for a valuation of this stock’s amount to sales ratio it’s 2.85, it’s amount to book ratio is 1.15 and showing 2.47 of P/E (TTM) ratio.