Home  »  Trending   »  Can Euronav NV (EURN) Remain Competitive?...

Can Euronav NV (EURN) Remain Competitive?

Euronav NV (NYSE:EURN) went down by -1.00% from its latest closing price compared to the recent 1-year high of $21.00. The company’s stock price has collected 3.47% of gains in the last five trading sessions.

Is It Worth Investing in Euronav NV (NYSE :EURN) Right Now?

EURN currently public float of 110.32M and currently shorts hold a 3.54% ratio of that float. Today, the average trading volume of EURN was 2.43M shares.

Top 5 Undervalued Stocks To Own In 2023

Microchip Maker Releases "World's Most Powerful Data Center CPU". It could allow the company who manufactures it to lead the industry as the global microchip shortage continues into the coming year. We've put together a free research report that explains all the details. Not only will you find out why analysts believe this chip manufacturer could lead the pack, you will also discover four more potential winners for the coming year.

Click here to download your Free Research Report…


EURN’s Market Performance

EURN stocks went up by 3.47% for the week, with a monthly drop of -10.07% and a quarterly performance of -10.78%, while its annual performance rate touched 88.54%. The volatility ratio for the week stands at 1.80% while the volatility levels for the past 30 days are set at 3.70% for Euronav NV. The simple moving average for the period of the last 20 days is 0.30% for EURN stocks with a simple moving average of 4.12% for the last 200 days.

Analysts’ Opinion of EURN

Jefferies gave a rating of “Buy” to EURN, setting the target price at $20 in the report published on September 06th of the previous year.

EURN Trading at -10.81% 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 -24.76% of loss for the given period.

Volatility was left at 3.70%, however, over the last 30 days, the volatility rate increased by 1.80%, as shares sank -7.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.40% lower at present.

During the last 5 trading sessions, EURN rose by +3.47%, which changed the moving average for the period of 200-days by +40.57% in comparison to the 20-day moving average, which settled at $15.69. In addition, Euronav NV saw -7.28% in overturn over a single year, with a tendency to cut further losses.