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Capital Clean Energy Carriers (NASDAQ:CCEC) Trading Down 4.2% - Time to Sell?

Capital Clean Energy Carriers logo with Transportation background

Capital Clean Energy Carriers Corp (NASDAQ:CCEC - Get Free Report)'s share price was down 4.2% during trading on Monday . The stock traded as low as $19.00 and last traded at $19.00. Approximately 2,958 shares changed hands during trading, a decline of 95% from the average daily volume of 63,362 shares. The stock had previously closed at $19.84.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on CCEC shares. Evercore ISI started coverage on Capital Clean Energy Carriers in a research note on Thursday, September 5th. They set an "outperform" rating and a $22.00 price target on the stock. Fearnley Fonds upgraded Capital Clean Energy Carriers to a "strong-buy" rating in a research note on Thursday, October 10th.

Check Out Our Latest Report on Capital Clean Energy Carriers

Capital Clean Energy Carriers Stock Down 0.5 %

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 $1.09 billion, a PE ratio of 7.74 and a beta of 0.87.

Capital Clean Energy Carriers (NASDAQ:CCEC - Get Free Report) last posted its earnings results on Friday, August 2nd. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate 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. As a group, equities research analysts expect that Capital Clean Energy Carriers Corp will post 1.91 EPS for the current fiscal year.

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.

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