A new trading day began on Tuesday, with Euronav NV (NYSE: EURN) stock price up 0.12% from the previous day of trading ,before settling in for the closing price of $16.59. EURN’s price has ranged from $14.07 to $18.50 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 33.60% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -53.81%. With a float of $22.62 million, this company’s outstanding shares have now reached $220.02 million.
Euronav NV (EURN) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of Euronav NV is 88.81%, while institutional ownership is 26.44%.
Euronav NV (EURN) Latest Financial update
In its latest quarterly report, released on 12/30/2023, the company reported earnings of $2.03 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.4 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -53.81% per share during the next fiscal year.
Euronav NV (NYSE: EURN) Trading Performance Indicators
Here are Euronav NV’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.72. Likewise, its price to free cash flow for the trailing twelve months is 6.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.40, a number that is poised to hit 1.88 in the next quarter and is forecasted to reach 1.98 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 0.57 million. That was inferior than the volume of 1.48 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 59.11%. Additionally, its Average True Range was 0.35.
During the past 100 days, Euronav NV’s (EURN) raw stochastic average was set at 61.22%, which indicates a significant decrease from 83.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.18% in the past 14 days, which was higher than the 23.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.25, while its 200-day Moving Average is $17.12. However, in the short run, Euronav NV’s stock first resistance to watch stands at $16.92. Second resistance stands at $17.22. The third major resistance level sits at $17.48. If the price goes on to break the first support level at $16.36, it is likely to go to the next support level at $16.10. The third support level lies at $15.80 if the price breaches the second support level.
Euronav NV (NYSE: EURN) Key Stats
With a market capitalization of 3.36 billion, the company has a total of 201,680K Shares Outstanding. Currently, annual sales are 1,633 M while annual income is 862,330 K. The company’s previous quarter sales were 270,880 K while its latest quarter income was 410,890 K.
