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

Capital Clean Energy Carriers logo with Transportation background

Capital Clean Energy Carriers Corp (NASDAQ:CCEC - Get Free Report) saw an uptick in trading volume on Thursday . 12,982 shares were traded during mid-day trading, an increase of 28% from the previous session's volume of 10,109 shares.The stock last traded at $18.81 and had previously closed at $18.47.

Analyst Ratings Changes

A number of analysts have commented on the stock. Raymond James initiated coverage on shares of Capital Clean Energy Carriers in a research note on Friday, January 24th. They set an "outperform" rating and a $26.00 price objective for the company. Fearnley Fonds upgraded shares of Capital Clean Energy Carriers to a "strong-buy" rating in a research report on Thursday, October 10th.

Check Out Our Latest Analysis on CCEC

Capital Clean Energy Carriers Trading Down 2.3 %

The company's fifty day moving average price is $18.41. 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 firm has a market cap of $1.09 billion, a P/E ratio of 14.42 and a beta of 0.83.

Capital Clean Energy Carriers Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 12th. Shareholders of record on Thursday, February 6th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Thursday, February 6th. This represents a $0.60 annualized dividend and a yield of 3.20%. Capital Clean Energy Carriers's dividend payout ratio is presently 46.15%.

Institutional Investors Weigh In On Capital Clean Energy Carriers

An institutional investor recently bought a new position in Capital Clean Energy Carriers stock. RBF Capital LLC bought a new position in Capital Clean Energy Carriers Corp (NASDAQ:CCEC - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 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.

See Also

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