Capital Clean Energy Carriers (NASDAQ:CCEC) Shares Gap Down - Here's What Happened

Capital Clean Energy Carriers Corp (NASDAQ:CCEC - Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $19.87, but opened at $19.40. Capital Clean Energy Carriers shares last traded at $19.45, with a volume of 9,523 shares changing hands.

Analysts Set New Price Targets

CCEC has been the topic of a number of research analyst reports. Fearnley Fonds upgraded shares of Capital Clean Energy Carriers to a "strong-buy" rating in a research note on Thursday, October 10th. Evercore ISI initiated coverage on Capital Clean Energy Carriers in a research note on Thursday, September 5th. They issued an "outperform" rating and a $22.00 price objective on the stock.

Capital Clean Energy Carriers Stock Down 4.2 %

The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 7.47 and a beta of 0.87. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.53 and a quick ratio of 0.53.

Capital Clean Energy Carriers (NASDAQ:CCEC - Get Free Report) last announced its quarterly earnings results on Friday, August 2nd. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.23. Capital Clean Energy Carriers had a net margin of 24.89% and a return on equity of 6.83%. The firm had revenue of $95.51 million during the quarter, compared to analysts' expectations of $90.22 million. On average, research analysts anticipate that Capital Clean Energy Carriers Corp will post 1.91 EPS for the current fiscal year.

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.