Capital Clean Energy Carriers Corp. (NASDAQ:CCEC - Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $22.47, but opened at $23.43. Capital Clean Energy Carriers shares last traded at $22.75, with a volume of 12,215 shares trading hands.
Capital Clean Energy Carriers Stock Performance
The company has a debt-to-equity ratio of 1.72, a quick ratio of 1.81 and a current ratio of 1.83. The stock's 50-day moving average is $20.83 and its 200 day moving average is $19.41. The firm has a market cap of $1.41 billion, a P/E ratio of 7.32 and a beta of 0.42.
Capital Clean Energy Carriers (NASDAQ:CCEC - Get Free Report) last released 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 business had revenue of $109.40 million during the quarter, compared to analysts' expectations of $105.77 million. Capital Clean Energy Carriers had a net margin of 57.50% and a return on equity of 10.53%. On average, research analysts predict that Capital Clean Energy Carriers Corp. will post 1.66 earnings per share for the current year.
Capital Clean Energy Carriers Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 16th. Stockholders of record on Monday, May 12th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.49%. The ex-dividend date of this dividend was Monday, May 12th. Capital Clean Energy Carriers's payout ratio is 18.18%.
Institutional Investors Weigh In On Capital Clean Energy Carriers
Several hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC lifted 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 purchasing an additional 1,058 shares during the last quarter. LPL Financial LLC lifted its stake in Capital Clean Energy Carriers by 2.7% in the 4th 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. Larson Financial Group LLC acquired a new stake in Capital Clean Energy Carriers in the 4th quarter valued at about $41,000. Finally, Exchange Traded Concepts LLC lifted its stake in Capital Clean Energy Carriers by 281.7% in the 1st 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 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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