Capital Clean Energy Carriers Corp (NASDAQ:CCEC - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 22,803 shares traded hands during trading, an increase of 46% from the previous session's volume of 15,621 shares.The stock last traded at $19.41 and had previously closed at $19.09.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on CCEC. Raymond James initiated coverage on Capital Clean Energy Carriers in a report on Friday, January 24th. They issued an "outperform" rating and a $26.00 price objective on the stock. 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.
Read Our Latest Stock Report on Capital Clean Energy Carriers
Capital Clean Energy Carriers Trading Up 0.3 %
The firm has a market capitalization of $1.14 billion, a PE ratio of 7.64 and a beta of 0.77. 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 business has a 50-day simple moving average of $18.64.
Capital Clean Energy Carriers (NASDAQ:CCEC - Get Free Report) last issued its earnings results on Thursday, February 6th. The company reported $0.36 earnings per share for the quarter, hitting the consensus estimate of $0.36. Capital Clean Energy Carriers had a return on equity of 9.76% and a net margin of 46.85%. On average, analysts predict that Capital Clean Energy Carriers Corp will post 1.66 EPS for the current year.
Capital Clean Energy Carriers Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 12th. Shareholders of record on Thursday, February 6th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 3.07%. The ex-dividend date was Thursday, February 6th. Capital Clean Energy Carriers's dividend payout ratio (DPR) is 23.44%.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Larson Financial Group LLC acquired a new stake in Capital Clean Energy Carriers during the 4th quarter valued at $41,000. RBF Capital LLC purchased a new position in Capital Clean Energy Carriers in the 3rd quarter valued at about $195,000. Geode Capital Management LLC purchased a new position in Capital Clean Energy Carriers in the 3rd quarter valued at about $268,000. Finally, LPL Financial LLC grew 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 in the last quarter.
Capital Clean Energy Carriers Company Profile
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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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