Euronav NV (NYSE: EURN) on June 21, 2022, started off the session at the price of $11.89, soaring 8.93% from the previous trading day. During the day, the shares moved up to $12.42 and dropped to $11.81 before settling in for the closing price of $11.20. Within the past 52 weeks, EURN’s price has moved between $7.55 and $13.81.
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The company achieved an average annual earnings per share of -160.90%. With a float of $146.39 million, this company’s outstanding shares have now reached $201.68 million.
In an organization with 3147 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -65.39, operating margin of -73.11, and the pretax margin is -86.28.
Euronav NV (EURN) Insider Updates
Observing investor behavior towards Oil & Gas Midstream industry stocks is more important than anything else. The insider ownership of Euronav NV is 27.04%, while institutional ownership is 34.37%.
Euronav NV (EURN) Performance Highlights and Predictions
As on 6/29/2021, Multinational firm has announced its last quarter scores, in which it reported -$0.44 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.44) by $0. This company achieved a net margin of -80.71 while generating a return on equity of -15.86. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -160.90% per share during the next fiscal year.
Euronav NV (NYSE: EURN) Trading Performance Indicators
Euronav NV (EURN) is currently performing well based on its current performance indicators. A price to sales ratio for the trailing twelve months stands at 5.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.61, a number that is poised to hit -0.42 in the next quarter and is forecasted to reach 0.10 in one year’s time.
Technical Analysis of Euronav NV (EURN)
Let’s dig in a bit further. During the last 5-days, its volume was 1.22 million. That was inferior than the volume of 1.91 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 21.78%. Additionally, its Average True Range was 0.61.
During the past 100 days, Euronav NV’s (EURN) raw stochastic average was set at 71.99%, which indicates a significant increase from 38.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.66% in the past 14 days, which was higher than the 55.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.05, while its 200-day Moving Average is $10.33. However, in the short run, Euronav NV’s stock first resistance to watch stands at $12.48. Second resistance stands at $12.75. The third major resistance level sits at $13.09. If the price goes on to break the first support level at $11.87, it is likely to go to the next support level at $11.53. Assuming the price breaks the second support level, the third support level stands at $11.26.
Euronav NV (NYSE: EURN) Key Stats
Market capitalization of the company is 2.46 billion based on 201,680K outstanding shares. Right now, sales total 445,090 K and income totals -338,780 K. The company made 130,390 K in profit during its latest quarter, and -43,370 K in sales during its previous quarter.