Okeanis Eco Tankers Corp. (NYSE:ECO - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $18.79 and last traded at $18.92, with a volume of 60943 shares trading hands. The stock had previously closed at $19.35.
Okeanis Eco Tankers Stock Down 1.8 %
The company has a market capitalization of $611.69 million and a PE ratio of 5.24. The company's fifty day moving average is $25.81 and its 200-day moving average is $29.62. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.34 and a current ratio of 1.69.
Okeanis Eco Tankers (NYSE:ECO - Get Free Report) last announced its quarterly earnings data on Friday, November 8th. The company reported $0.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.36. The firm had revenue of $84.93 million during the quarter, compared to analysts' expectations of $74.61 million. Okeanis Eco Tankers had a net margin of 29.25% and a return on equity of 27.19%. As a group, analysts predict that Okeanis Eco Tankers Corp. will post 3.19 EPS for the current fiscal year.
Okeanis Eco Tankers Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Monday, November 18th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 9.47%. The ex-dividend date of this dividend was Monday, November 18th. Okeanis Eco Tankers's dividend payout ratio (DPR) is 48.48%.
Institutional Trading of Okeanis Eco Tankers
Several institutional investors have recently made changes to their positions in the business. Jane Street Group LLC bought a new position in Okeanis Eco Tankers in the 3rd quarter worth approximately $206,000. Marshall Wace LLP purchased a new position in shares of Okeanis Eco Tankers in the second quarter worth $247,000. BBR Partners LLC bought a new position in shares of Okeanis Eco Tankers during the third quarter worth $326,000. Acadian Asset Management LLC purchased a new position in Okeanis Eco Tankers during the second quarter valued at $370,000. Finally, Public Employees Retirement System of Ohio bought a new stake in Okeanis Eco Tankers in the 3rd quarter valued at $383,000.
About Okeanis Eco Tankers
(
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.
Featured Stories
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
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
