[breadcrumb_custom]

Euronav NV (EURN Stock: A Sea of Opportunity

Euronav NV experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $18.50 on 03/03/23, while the lowest price for the same period was registered at $14.07 on 10/04/23.

52-week price history of EURN Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Euronav NV’s current trading price is -3.92% away from its 52-week high, while its distance from the 52-week low is 26.36%. The stock’s price range during the 52-week period has remained between $14.07 and $18.50. In the Energy sector, the company’s shares saw a trading volume of around 0.94 million for the day, which was evidently lower than the average daily volume of 1.51 million over the past three months.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

Market Capitalization and Financial Performance: An In-Depth Look

Euronav NV (EURN) has experienced a quarterly decline of -1.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.60B and boasts a workforce of 2946 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 17.62, with a change in price of +2.10. Similarly, Euronav NV recorded 1,903,388 in trading volume during the last 100 days, posting a change of +13.39%.

Examining EURN’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for EURN stands at 0.38. Similarly, the long-term debt-to-equity ratio is also 0.27.

EURN Stock Stochastic Average

Euronav NV’s raw stochastic average for the past 50 days is presently 45.83%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 88.89%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 90.90% and 84.52%, respectively.

EURN Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The metric has seen a significant gain of 1.08% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 1.95%. Over the past 30 days, the price of EURN has fallen by 0.79%. And in the last five days, it has surged by 0.28%.

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts