Capital Clean Energy Carriers Corp (NASDAQ:CCEC - Get Free Report) shares fell 5% during mid-day trading on Thursday . The stock traded as low as $17.55 and last traded at $17.55. 3,225 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 56,097 shares. The stock had previously closed at $18.47.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on CCEC. Fearnley Fonds raised shares of Capital Clean Energy Carriers to a "strong-buy" rating in a research report on Thursday, October 10th. Evercore ISI initiated coverage on Capital Clean Energy Carriers in a research note on Thursday, September 5th. They set an "outperform" rating and a $22.00 target price for the company.
Get Our Latest Stock Analysis on CCEC
Capital Clean Energy Carriers Trading Down 0.4 %
The company has a quick ratio of 1.66, a current ratio of 1.68 and a debt-to-equity ratio of 2.04. The company has a 50-day moving average price of $18.65. The firm has a market capitalization of $1.02 billion, a PE ratio of 14.15 and a beta of 0.85.
Capital Clean Energy Carriers Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 11th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 3.26%. The ex-dividend date of this dividend was Monday, November 11th. Capital Clean Energy Carriers's 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 acquired 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 Form 13F filing with the Securities and Exchange Commission. The firm acquired 10,376 shares of the company's stock, valued at approximately $195,000.
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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