Okeanis Eco Tankers Corp. (NYSE:ECO - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $20.71, but opened at $21.99. Okeanis Eco Tankers shares last traded at $22.13, with a volume of 114,835 shares.
Okeanis Eco Tankers Stock Performance
The company has a debt-to-equity ratio of 1.48, a current ratio of 1.69 and a quick ratio of 1.34. The company's fifty day moving average price is $22.43 and its 200 day moving average price is $28.32. The company has a market cap of $721.79 million and a PE ratio of 6.18.
Okeanis Eco Tankers (NYSE:ECO - Get Free Report) last posted its quarterly earnings data on Friday, November 8th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.09 by $0.36. The firm had revenue of $84.93 million during the quarter, compared to analyst estimates of $74.61 million. Okeanis Eco Tankers had a net margin of 29.25% and a return on equity of 27.19%. On average, equities research analysts predict that Okeanis Eco Tankers Corp. will post 3.19 earnings per share for the current year.
Okeanis Eco Tankers Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Monday, November 18th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $1.80 annualized dividend and a yield of 8.03%. Okeanis Eco Tankers's payout ratio is currently 48.48%.
Hedge Funds Weigh In On Okeanis Eco Tankers
Institutional investors and hedge funds have recently bought and sold shares of the company. Lighthouse Investment Partners LLC bought a new stake in Okeanis Eco Tankers during the 2nd quarter valued at $2,086,000. Quadrature Capital Ltd purchased a new stake in Okeanis Eco Tankers during the 3rd quarter worth about $1,169,000. BNP Paribas Financial Markets boosted its stake in Okeanis Eco Tankers by 409.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 20,252 shares of the company's stock worth $661,000 after purchasing an additional 16,280 shares during the period. Acadian Asset Management LLC purchased a new position in Okeanis Eco Tankers during the 2nd quarter valued at about $370,000. Finally, Marshall Wace LLP bought a new stake in shares of Okeanis Eco Tankers during the second quarter valued at about $247,000.
Okeanis Eco Tankers Company Profile
(
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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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