Capital Clean Energy Carriers Corp. (NASDAQ:CCEC - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $24.50 and last traded at $24.32, with a volume of 7298 shares trading hands. The stock had previously closed at $24.23.
Capital Clean Energy Carriers Price Performance
The company has a market capitalization of $1.43 billion, a PE ratio of 7.41 and a beta of 0.41. The company has a current ratio of 1.83, a quick ratio of 1.81 and a debt-to-equity ratio of 1.72. The stock has a fifty day simple moving average of $22.88 and a 200-day simple moving average of $20.12.
Capital Clean Energy Carriers (NASDAQ:CCEC - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.36 by $0.19. The company had revenue of $109.40 million during the quarter, compared to the consensus estimate of $105.77 million. Capital Clean Energy Carriers had a return on equity of 10.53% and a net margin of 57.50%. Equities analysts anticipate that Capital Clean Energy Carriers Corp. will post 1.66 earnings per share for the current year.
Capital Clean Energy Carriers Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Monday, May 12th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date was Monday, May 12th. Capital Clean Energy Carriers's dividend payout ratio (DPR) is 18.18%.
Institutional Trading of Capital Clean Energy Carriers
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC increased its position in shares of Capital Clean Energy Carriers by 7.4% during the fourth quarter. Geode Capital Management LLC now owns 15,362 shares of the company's stock worth $281,000 after purchasing an additional 1,058 shares in the last quarter. LPL Financial LLC increased its position in shares of Capital Clean Energy Carriers by 2.7% during the fourth quarter. LPL Financial LLC now owns 50,737 shares of the company's stock worth $932,000 after purchasing an additional 1,339 shares in the last quarter. Finally, Exchange Traded Concepts LLC increased its position in shares of Capital Clean Energy Carriers by 281.7% during the first quarter. Exchange Traded Concepts LLC now owns 5,092 shares of the company's stock worth $98,000 after purchasing an additional 3,758 shares in the last quarter.
About Capital Clean Energy Carriers
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Capital Clean Energy Carriers Corp., a shipping company, provides marine transportation services in Greece. The company's vessels provide a range of cargoes, including liquefied natural gas, containerized goods, and cargo under short-term voyage charters, and medium to long-term time charters. It owns vessels, including Neo-Panamax container vessels, Panamax container vessels, cape-size bulk carrier, and LNG carriers.
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