Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded a decrease of -5.46%. However, over the last six months, the performance has been stronger by -4.75%. The price of EURN decreased -6.20% over the last 30 days. And in the last five days, it has surged by 3.74%.
Euronav NV experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $18.50 on 08/18/23, while the lowest price for the same period was registered at $14.07 on 03/20/24.
52-week price history of EURN Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Euronav NV’s current trading price is -10.13% away from its 52-week high, while its distance from the 52-week low is 18.19%. The stock’s price range during this period has varied between$14.07 and $18.50. The Euronav NV’s shares, which operate in the Energy, saw a trading volume of around 0.27 million for the day, a figure considerably lower than their average daily volume of 1.6 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Euronav NV (EURN) has experienced a quarterly decline of -5.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.36B and boasts a workforce of 2946 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 17.60, with a change in price of -1.45. Similarly, Euronav NV recorded 1,632,970 in trading volume during the last 100 days, posting a change of -8.02%.
EURN’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its 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
As of today, Euronav NV’s raw stochastic average for the last 50 days stands at 67.29%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 67.29%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 63.74% and 59.99%, respectively.
