Revenue Update on Euronav NV Ordinary Shares(NYSE:EURN)

Euronav NV Ordinary Shares(NYSE:EURN) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Earnings per share were $0.25.

In a different note, On Jul 26, 2016, UBS said it Downgrades its rating on Euronav NV Ordinary Shares. In the research note, the firm Lowers the price-target to $12.00 per share. The shares have been rated ‘Neutral’ by the firm. On May 4, 2016, Seaport Global said it Assumes its rating on Euronav NV Ordinary Shares. The shares have been rated ‘Buy’ by the firm.

Euronav NV Ordinary Shares (EURN) made into the market gainers list on Thursdays trading session with the shares advancing 1.17% or 0.1 points. Due to strong positive momentum, the stock ended at $8.62, which is also near the day’s high of $8.7601. The stock began the session at $8.66 and the volume stood at 3,48,287 shares. The 52-week high of the shares is $16.23 and the 52 week low is $8.35. The company has a current market capitalization of $1,372 M and it has 15,92,08,950 shares in outstanding.

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