Capital Clean Energy Carriers (NASDAQ:CCEC) Shares Gap Down - Should You Sell?

Capital Clean Energy Carriers Corp (NASDAQ:CCEC - Get Free Report)'s share price gapped down before the market opened on Friday . The stock had previously closed at $19.12, but opened at $18.51. Capital Clean Energy Carriers shares last traded at $18.96, with a volume of 433 shares trading hands.

Wall Street Analysts Forecast Growth

CCEC has been the topic of several research analyst reports. Raymond James began coverage on Capital Clean Energy Carriers in a research note on Friday, January 24th. They issued an "outperform" rating and a $26.00 price objective on the stock. Fearnley Fonds raised shares of Capital Clean Energy Carriers to a "strong-buy" rating in a report on Thursday, October 10th.

Capital Clean Energy Carriers Trading Up 1.4 %

The company has a debt-to-equity ratio of 2.04, a current ratio of 1.68 and a quick ratio of 1.66. The business's fifty day simple moving average is $18.41. The stock has a market cap of $1.11 billion, a P/E ratio of 14.63 and a beta of 0.83.

Capital Clean Energy Carriers Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 12th. Stockholders of record on Thursday, February 6th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date of this dividend is Thursday, February 6th. Capital Clean Energy Carriers's dividend payout ratio is presently 46.15%.

Institutional Trading of Capital Clean Energy Carriers

A hedge fund recently bought a new stake in Capital Clean Energy Carriers stock. RBF Capital LLC purchased a new stake in shares of Capital Clean Energy Carriers Corp (NASDAQ:CCEC - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 10,376 shares of the company's stock, valued at approximately $195,000.

Capital Clean Energy Carriers Company Profile

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.