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Capital Clean Energy Carriers (NASDAQ:CCEC) Trading Up 3.1% - Here's Why

Capital Clean Energy Carriers logo with Transportation background

Capital Clean Energy Carriers Corp (NASDAQ:CCEC - Get Free Report) shares rose 3.1% during mid-day trading on Thursday . The stock traded as high as $20.26 and last traded at $20.24. Approximately 10,279 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 66,038 shares. The stock had previously closed at $19.63.

Analyst Upgrades and Downgrades

Separately, 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 target on the stock.

Check Out Our Latest Stock Report on Capital Clean Energy Carriers

Capital Clean Energy Carriers Stock Down 2.6 %

The company has a debt-to-equity ratio of 1.99, a current ratio of 0.53 and a quick ratio of 0.53. The company has a market cap of $1.06 billion, a PE ratio of 7.90 and a beta of 0.87.

Capital Clean Energy Carriers (NASDAQ:CCEC - Get Free Report) last issued its earnings results on Friday, August 2nd. The company reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.17 by $0.23. Capital Clean Energy Carriers had a return on equity of 6.83% and a net margin of 24.89%. The company had revenue of $95.51 million for the quarter, compared to analyst estimates of $90.22 million. Equities research analysts anticipate that Capital Clean Energy Carriers Corp will post 1.95 EPS for the current year.

Capital Clean Energy Carriers Company Profile

(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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