20,044 Shares in Euronav NV (NYSE:CMBT) Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. acquired a new stake in Euronav NV (NYSE:CMBT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 20,044 shares of the company’s stock, valued at approximately $199,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. SBI Securities Co. Ltd. purchased a new stake in Euronav in the 4th quarter worth approximately $54,000. Steward Partners Investment Advisory LLC purchased a new position in shares of Euronav in the 4th quarter worth $58,000. Blue Trust Inc. acquired a new position in Euronav in the fourth quarter valued at $62,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Euronav during the fourth quarter valued at about $101,000. Finally, Mesirow Financial Investment Management Inc. acquired a new stake in Euronav during the fourth quarter worth about $140,000.

Euronav Stock Up 3.5 %

Shares of NYSE CMBT opened at $9.76 on Friday. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of 1.65 and a beta of 0.05. Euronav NV has a 1 year low of $7.65 and a 1 year high of $18.43. The company has a debt-to-equity ratio of 1.91, a quick ratio of 1.22 and a current ratio of 1.29. The stock’s 50-day simple moving average is $9.00 and its 200-day simple moving average is $10.59.

About Euronav

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium.