Capital Clean Energy Carriers Corp (NASDAQ:CCEC - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $20.40 and last traded at $20.15, with a volume of 7400 shares traded. The stock had previously closed at $19.24.
Analysts Set New Price Targets
A number of research firms recently commented on CCEC. Fearnley Fonds cut Capital Clean Energy Carriers from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 17th. Raymond James began coverage on Capital Clean Energy Carriers in a report on Friday, January 24th. They set an "outperform" rating and a $26.00 price objective on the stock.
Check Out Our Latest Report on CCEC
Capital Clean Energy Carriers Stock Performance
The company has a current ratio of 1.80, a quick ratio of 1.78 and a debt-to-equity ratio of 1.82. The company has a market cap of $1.06 billion, a P/E ratio of 7.12 and a beta of 0.52. The company's fifty day moving average is $19.07 and its 200 day moving average is $18.74.
Capital Clean Energy Carriers (NASDAQ:CCEC - Get Free Report) last announced its quarterly earnings data 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 return on equity of 9.76% and a net margin of 46.85%. As a group, equities analysts predict 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 business also recently declared a quarterly dividend, which was paid on Wednesday, February 12th. Shareholders of record on Thursday, February 6th were paid a $0.15 dividend. The ex-dividend date of this dividend was Thursday, February 6th. This represents a $0.60 dividend on an annualized basis and a yield of 3.29%. Capital Clean Energy Carriers's dividend payout ratio (DPR) is currently 23.44%.
Institutional Trading of Capital Clean Energy Carriers
A number of institutional investors have recently made changes to their positions in the stock. Geode Capital Management LLC bought a new stake in Capital Clean Energy Carriers during the 3rd quarter valued at $268,000. Larson Financial Group LLC purchased a new position in shares of Capital Clean Energy Carriers in the fourth quarter valued at about $41,000. Finally, LPL Financial LLC raised its stake in shares of Capital Clean Energy Carriers by 2.7% during 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 last quarter.
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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