It’s Not A Fantasy To Think That CMB.Tech NV (CMBT) Has Big Future Potential

CMB.Tech NV (NYSE:CMBT) currently has a daily average trading volume of 91.72K but it saw 237653 shares traded in last market. With a market cap of 2.14B USD, the company’s current market price of $11.02 came falling about -0.27 while comparing to the previous closing price of $11.05. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.43 and as low as $10.47. In the recent trading on the day, stock has struck highest price mark of $10.7845 while lowest mark touched by it was $11.1395.

Taking a look at 20-day trading activity of CMB.Tech NV (CMBT) gives us an average price of $12.64, while its current price level is -40.21% below from 52-week high level whereas it is 5.24% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $14.76 while that of 200 days or SMA-200 reads an average of $16.32. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.09% during that period while stretching the period over a month that decreases to 2.93%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 14.77 which implies that the stock is in oversold territory.

Over the week, CMBT’s stock price is moving -10.04% down while it is -22.99% when we observe its performance for the past one month. Year-to-date it is -15.64% down and over the past year, the stock is showing a downside performance of -18.20%.

Currently, CMB.Tech NV’s total number of outstanding shares is 202.23M. Company’s return on investment (ROI) stands at 37.02% and return on equity (ROE) at 74.41%. It has a price to earnings ratio (P/E ratio) of 1.86 while having a 7.46 of forward P/E ratio. Stock’s beta reads -0.07. Stock has a price to book (P/B) ratio of 1.94 while price to sale or P/S ratio amounts to 2.17. Its return on asset (ROA) is 31.16% on average.