Capital Clean Energy Carriers Corp (NASDAQ:CCEC - Get Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as $20.40 and last traded at $20.15, with a volume of 7400 shares trading hands. The stock had previously closed at $19.24.
Wall Street Analysts Forecast Growth
CCEC has been the topic of a number of recent analyst reports. Fearnley Fonds downgraded shares of Capital Clean Energy Carriers from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 17th. Raymond James began coverage on shares of Capital Clean Energy Carriers in a report on Friday, January 24th. They issued an "outperform" rating and a $26.00 target price on the stock.
Read Our Latest Research Report on CCEC
Capital Clean Energy Carriers Trading Down 5.9 %
The company has a fifty day moving average of $19.07 and a 200-day moving average of $18.72. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.80 and a quick ratio of 1.78. The firm has a market capitalization of $1.09 billion, a PE ratio of 7.28 and a beta of 0.77.
Capital Clean Energy Carriers (NASDAQ:CCEC - Get Free Report) last posted its earnings results on Thursday, February 6th. The company reported $0.36 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.36. Capital Clean Energy Carriers had a net margin of 46.85% and a return on equity of 9.76%. On average, sell-side analysts anticipate that Capital Clean Energy Carriers Corp will post 1.66 earnings per share for the current fiscal year.
Capital Clean Energy Carriers Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 12th. Shareholders of record on Thursday, February 6th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 3.22%. The ex-dividend date of this dividend was Thursday, February 6th. Capital Clean Energy Carriers's payout ratio is 23.44%.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. Larson Financial Group LLC bought a new position in Capital Clean Energy Carriers in the 4th quarter worth $41,000. RBF Capital LLC acquired a new stake in Capital Clean Energy Carriers in the 3rd quarter valued at approximately $195,000. Geode Capital Management LLC bought a new position in Capital Clean Energy Carriers in the 3rd quarter worth approximately $268,000. Finally, LPL Financial LLC boosted its position in shares of Capital Clean Energy Carriers by 2.7% in the fourth quarter. LPL Financial LLC now owns 50,737 shares of the company's stock valued at $932,000 after acquiring an additional 1,339 shares during the period.
About Capital Clean Energy Carriers
(
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Capital Clean Energy Carriers Corp., a shipping company, provides marine transportation services in Greece. The company's vessels provide a range of cargoes, including liquefied natural gas, containerized goods, and cargo under short-term voyage charters, and medium to long-term time charters. It owns vessels, including Neo-Panamax container vessels, Panamax container vessels, cape-size bulk carrier, and LNG carriers.
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