Okeanis Eco Tankers Corp. (NYSE:ECO - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 73,588 shares changed hands during trading, an increase of 16% from the previous session's volume of 63,399 shares.The stock last traded at $29.09 and had previously closed at $29.70.
Okeanis Eco Tankers Stock Down 2.5 %
The business has a 50 day moving average of $32.04 and a 200-day moving average of $32.02. The stock has a market cap of $932.34 million and a PE ratio of 6.91. The company has a current ratio of 1.48, a quick ratio of 1.23 and a debt-to-equity ratio of 1.37.
Okeanis Eco Tankers (NYSE:ECO - Get Free Report) last posted its quarterly earnings data on Friday, August 9th. The company reported $1.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.90 by $0.33. The company had revenue of $111.99 million during the quarter, compared to analysts' expectations of $100.71 million. Okeanis Eco Tankers had a return on equity of 28.35% and a net margin of 30.17%. Equities research analysts predict that Okeanis Eco Tankers Corp. will post 3.52 EPS for the current fiscal year.
Okeanis Eco Tankers Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Wednesday, August 21st were issued a $1.10 dividend. The ex-dividend date was Wednesday, August 21st. This represents a $4.40 annualized dividend and a dividend yield of 15.19%. Okeanis Eco Tankers's dividend payout ratio is currently 105.01%.
Institutional Trading of Okeanis Eco Tankers
Several hedge funds have recently modified their holdings of ECO. Susquehanna International Securities Ltd. acquired a new stake in shares of Okeanis Eco Tankers in the 1st quarter valued at approximately $210,000. Acadian Asset Management LLC acquired a new position in Okeanis Eco Tankers during the second quarter worth $370,000. Hsbc Holdings PLC raised its holdings in Okeanis Eco Tankers by 123.9% during the second quarter. Hsbc Holdings PLC now owns 178,056 shares of the company's stock worth $5,692,000 after purchasing an additional 98,528 shares during the last quarter. Skandinaviska Enskilda Banken AB publ acquired a new position in Okeanis Eco Tankers during the second quarter worth $1,767,000. Finally, Marshall Wace LLP acquired a new position in Okeanis Eco Tankers during the second quarter worth $247,000.
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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