Shares of Okeanis Eco Tankers Corp. (NYSE:ECO - Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 86,034 shares traded hands during trading, an increase of 31% from the previous session's volume of 65,540 shares.The stock last traded at $27.14 and had previously closed at $28.59.
Okeanis Eco Tankers Stock Performance
The company has a market capitalization of $866.82 million and a PE ratio of 6.46. The company has a current ratio of 1.48, a quick ratio of 1.23 and a debt-to-equity ratio of 1.37. The business's fifty day moving average is $31.87 and its two-hundred day moving average is $31.98.
Okeanis Eco Tankers (NYSE:ECO - Get Free Report) last posted its quarterly earnings results on Friday, August 9th. The company reported $1.23 earnings per share for the quarter, topping 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 analysts' expectations of $100.71 million. Equities research analysts predict that Okeanis Eco Tankers Corp. will post 3.52 earnings per share for the current year.
Okeanis Eco Tankers Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Investors 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 yield of 16.34%. Okeanis Eco Tankers's dividend payout ratio (DPR) is 105.01%.
Institutional Investors Weigh In On Okeanis Eco Tankers
Large investors have recently added to or reduced their stakes in the stock. Lighthouse Investment Partners LLC purchased a new position in shares of Okeanis Eco Tankers in the 2nd quarter worth $2,086,000. Acadian Asset Management LLC bought a new position in Okeanis Eco Tankers in the second quarter valued at about $370,000. Marshall Wace LLP purchased a new position in Okeanis Eco Tankers in the second quarter worth about $247,000. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of Okeanis Eco Tankers during the 2nd quarter valued at about $1,767,000. Finally, Susquehanna International Securities Ltd. bought a new stake in shares of Okeanis Eco Tankers during the 1st quarter valued at about $210,000.
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.
See Also
Before you consider Okeanis Eco Tankers, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Okeanis Eco Tankers wasn't on the list.
While Okeanis Eco Tankers currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
