Capital Clean Energy Carriers (NASDAQ:CCEC) Lifted to Strong-Buy at Fearnley Fonds

Capital Clean Energy Carriers (NASDAQ:CCEC - Get Free Report) was upgraded by analysts at Fearnley Fonds to a "strong-buy" rating in a report issued on Thursday, Zacks.com reports.

Separately, Evercore ISI assumed coverage on Capital Clean Energy Carriers in a report on Thursday, September 5th. They issued an "outperform" rating and a $22.00 price objective for the company.

Capital Clean Energy Carriers Price Performance

CCEC stock traded up $0.20 during trading on Thursday, reaching $18.56. 18,816 shares of the company were exchanged, compared to its average volume of 64,598. Capital Clean Energy Carriers has a twelve month low of $12.70 and a twelve month high of $20.26. 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 stock has a market cap of $1.03 billion, a price-to-earnings ratio of 7.28 and a beta of 0.87.

Capital Clean Energy Carriers (NASDAQ:CCEC - Get Free Report) last announced its quarterly earnings results on Friday, August 2nd. The company reported $0.40 EPS for the quarter, beating 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 during the quarter, compared to analysts' expectations of $90.22 million. Research analysts anticipate that Capital Clean Energy Carriers 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.