Capital Clean Energy Carriers (NASDAQ:CCEC) Sees Strong Trading Volume - Should You Buy?

Capital Clean Energy Carriers logo with Transportation background

Shares of Capital Clean Energy Carriers Corp (NASDAQ:CCEC - Get Free Report) saw unusually-high trading volume on Friday . Approximately 9,202 shares changed hands during mid-day trading, a decline of 28% from the previous session's volume of 12,827 shares.The stock last traded at $18.56 and had previously closed at $18.14.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Raymond James initiated coverage on shares of Capital Clean Energy Carriers in a report on Friday. They set an "outperform" rating and a $26.00 price target on the stock. Fearnley Fonds raised Capital Clean Energy Carriers to a "strong-buy" rating in a research note on Thursday, October 10th.

View Our Latest Report on Capital Clean Energy Carriers

Capital Clean Energy Carriers Stock Performance

The company has a market cap of $1.01 billion, a P/E ratio of 14.02 and a beta of 0.83. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.66 and a current ratio of 1.68. The business's fifty day moving average price is $18.38.

Capital Clean Energy Carriers Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 12th. Investors of record on Thursday, February 6th will be paid a $0.15 dividend. The ex-dividend date is Thursday, February 6th. This represents a $0.60 annualized dividend and a yield of 3.29%. Capital Clean Energy Carriers's dividend payout ratio (DPR) is currently 46.15%.

Institutional Investors Weigh In On Capital Clean Energy Carriers

A hedge fund recently bought a new stake in Capital Clean Energy Carriers stock. RBF Capital LLC purchased a new position in Capital Clean Energy Carriers Corp (NASDAQ:CCEC - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 10,376 shares of the company's stock, valued at approximately $195,000.

About Capital Clean Energy Carriers

(Get Free Report)

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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