Capital Clean Energy Carriers Corp (NASDAQ:CCEC - Get Free Report) saw an uptick in trading volume on Tuesday . 33,445 shares changed hands during mid-day trading, an increase of 84% from the previous session's volume of 18,174 shares.The stock last traded at $15.34 and had previously closed at $17.00.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on the stock. Raymond James initiated coverage on shares of Capital Clean Energy Carriers in a research note on Friday, January 24th. They issued an "outperform" rating and a $26.00 price target for the company. Fearnley Fonds lowered shares of Capital Clean Energy Carriers from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 17th.
View Our Latest Stock Report on Capital Clean Energy Carriers
Capital Clean Energy Carriers Price Performance
The firm has a fifty day moving average of $18.67 and a two-hundred day moving average of $18.62. The company has a current ratio of 1.80, a quick ratio of 1.78 and a debt-to-equity ratio of 1.82. The company has a market capitalization of $1.04 billion, a PE ratio of 6.98 and a beta of 0.52.
Capital Clean Energy Carriers (NASDAQ:CCEC - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.36 earnings per share for the quarter, meeting analysts' consensus estimates of $0.36. Capital Clean Energy Carriers had a return on equity of 9.76% and a net margin of 46.85%. Research analysts anticipate that Capital Clean Energy Carriers Corp will post 1.66 EPS for the current fiscal year.
Hedge Funds Weigh In On Capital Clean Energy Carriers
A number of institutional investors have recently bought and sold shares of CCEC. Geode Capital Management LLC grew its holdings in shares of Capital Clean Energy Carriers by 7.4% during the 4th quarter. Geode Capital Management LLC now owns 15,362 shares of the company's stock worth $281,000 after acquiring an additional 1,058 shares during the period. LPL Financial LLC boosted 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 valued at $932,000 after purchasing an additional 1,339 shares in the last quarter. Larson Financial Group LLC purchased a new stake in Capital Clean Energy Carriers in the fourth quarter worth $41,000. Finally, Exchange Traded Concepts LLC raised its holdings in Capital Clean Energy Carriers by 281.7% in 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.
Capital Clean Energy Carriers Company Profile
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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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