Shares of Capital Clean Energy Carriers Corp. (NASDAQ:CCEC - Get Free Report) saw strong trading volume on Monday . 16,331 shares were traded during mid-day trading, a decline of 19% from the previous session's volume of 20,145 shares.The stock last traded at $24.00 and had previously closed at $23.93.
Capital Clean Energy Carriers Trading Up 0.5%
The company has a market cap of $1.40 billion, a P/E ratio of 7.29 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 business has a 50 day moving average price of $23.19 and a 200-day moving average price of $20.31.
Capital Clean Energy Carriers (NASDAQ:CCEC - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.55 EPS for the quarter, beating 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 net margin of 57.50% and a return on equity of 10.53%. Analysts forecast that Capital Clean Energy Carriers Corp. will post 1.66 earnings per share for the current fiscal year.
Capital Clean Energy Carriers Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 8th. Shareholders of record on Monday, August 4th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.49%. Capital Clean Energy Carriers's dividend payout ratio (DPR) is presently 18.18%.
Institutional Trading of Capital Clean Energy Carriers
A number of hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC raised its stake in Capital Clean Energy Carriers by 7.4% in the 4th quarter. Geode Capital Management LLC now owns 15,362 shares of the company's stock valued at $281,000 after acquiring an additional 1,058 shares during the period. LPL Financial LLC increased its holdings in shares of Capital Clean Energy Carriers by 2.7% in 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 during the last quarter. Finally, Exchange Traded Concepts LLC raised its position in shares of 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 valued at $98,000 after purchasing an additional 3,758 shares during the period.
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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