Euronav NV (NYSE:EURN) went up by 1.77% from its latest closing price compared to the recent 1-year high of $12.47. The company’s stock price has collected 2.80% of gains in the last five trading sessions. The Wall Street Journal reported on 03/15/21 that Not-So Supertankers Deserve a Look as Pandemic Fades
Is It Worth Investing in Euronav NV (NYSE :EURN) Right Now?
Euronav NV (NYSE:EURN) scored a price-to-earnings ratio above its average ratio, recording 4.08 x from its present earnings ratio. Opinions of the stock are interesting as 13 analysts out of 16 who provided ratings for Euronav NV declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $11.37, which is $2.43 above the current price. EURN currently public float of 180.37M and currently shorts hold a 1.36% ratio of that float. Today, the average trading volume of EURN was 1.49M shares.
EURN’s Market Performance
EURN stocks went up by 2.80% for the week, with a monthly jump of 4.08% and a quarterly performance of 11.68%, while its annual performance rate touched -7.37%. The volatility ratio for the week stands at 2.37% while the volatility levels for the past 30 days are set at 3.25% for Euronav NV. The simple moving average for the period of the last 20 days is 0.15% for EURN stocks with a simple moving average of 4.88% for the last 200 days.
Analysts’ Opinion of EURN
Many brokerage firms have already submitted their reports for EURN stocks, with H.C. Wainwright repeating the rating for EURN by listing it as a “Buy.” The predicted price for EURN in the upcoming period, according to H.C. Wainwright is $13 based on the research report published on March 29th of the current year 2021.
BTIG Research, on the other hand, stated in their research note that they expect to see EURN reach a price target of $12. The rating they have provided for EURN stocks is “Buy” according to the report published on January 08th, 2021.
EURN Trading at 2.82% from the 50-Day Moving Average
After a stumble in the market that brought EURN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.38% of loss for the given period.
Volatility was left at 3.25%, however, over the last 30 days, the volatility rate increased by 2.37%, as shares surge +5.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.75% upper at present.
During the last 5 trading sessions, EURN rose by +2.80%, which changed the moving average for the period of 200-days by +7.62% in comparison to the 20-day moving average, which settled at $9.19. In addition, Euronav NV saw 14.75% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for EURN
Current profitability levels for the company are sitting at:
- +40.75 for the present operating margin
- +46.07 for the gross margin
The net margin for Euronav NV stands at +38.41. The total capital return value is set at 13.45, while invested capital returns managed to touch 13.27.
Based on Euronav NV (EURN), the company’s capital structure generated 55.09 points at debt to equity in total, while total debt to capital is 35.52. Total debt to assets is 34.54, with long-term debt to equity ratio resting at 50.01. Finally, the long-term debt to capital ratio is 32.24.
When we switch over and look at the enterprise to sales, we see a ratio of 2.13, with the company’s debt to enterprise value settled at 0.45. The receivables turnover for the company is 5.00 and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.22.