Shares of Okeanis Eco Tankers Corp. (NYSE:ECO - Get Free Report) dropped 3.2% during trading on Monday . The company traded as low as $28.00 and last traded at $28.08. Approximately 167,902 shares were traded during mid-day trading, an increase of 159% from the average daily volume of 64,775 shares. The stock had previously closed at $29.00.
Okeanis Eco Tankers Price Performance
The company has a debt-to-equity ratio of 1.37, a current ratio of 1.48 and a quick ratio of 1.23. The company has a market cap of $900.79 million and a PE ratio of 6.68. The business has a 50 day moving average of $31.98 and a 200 day moving average of $32.03.
Okeanis Eco Tankers (NYSE:ECO - Get Free Report) last issued its quarterly earnings results on Friday, August 9th. The company reported $1.23 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.33. Okeanis Eco Tankers had a return on equity of 28.35% and a net margin of 30.17%. The firm had revenue of $111.99 million during the quarter, compared to the consensus estimate of $100.71 million. As a group, research analysts predict that Okeanis Eco Tankers Corp. will post 3.52 EPS for the current year.
Okeanis Eco Tankers Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Wednesday, August 21st were given a dividend of $1.10 per share. The ex-dividend date of this dividend was Wednesday, August 21st. This represents a $4.40 dividend on an annualized basis and a dividend yield of 15.73%. Okeanis Eco Tankers's payout ratio is currently 105.01%.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the stock. Susquehanna International Securities Ltd. purchased a new position in shares of Okeanis Eco Tankers during the 1st quarter valued at about $210,000. Marshall Wace LLP purchased a new position in Okeanis Eco Tankers in the 2nd quarter worth approximately $247,000. Acadian Asset Management LLC purchased a new position in Okeanis Eco Tankers in the 2nd quarter worth approximately $370,000. Skandinaviska Enskilda Banken AB publ purchased a new position in Okeanis Eco Tankers in the 2nd quarter worth approximately $1,767,000. Finally, Lighthouse Investment Partners LLC purchased a new position in Okeanis Eco Tankers in the 2nd quarter worth approximately $2,086,000.
Okeanis Eco Tankers Company Profile
(
Get Free Report)
Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.
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