Shares of Capital Clean Energy Carriers Corp. (NASDAQ:CCEC - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $22.93, but opened at $23.77. Capital Clean Energy Carriers shares last traded at $23.87, with a volume of 17,719 shares traded.
Capital Clean Energy Carriers Trading Down 1.4%
The company has a quick ratio of 1.81, a current ratio of 1.83 and a debt-to-equity ratio of 1.72. The business's 50 day moving average is $23.22 and its 200-day moving average is $20.46. The firm has a market cap of $1.35 billion, a P/E ratio of 7.00 and a beta of 0.41.
Capital Clean Energy Carriers (NASDAQ:CCEC - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.11. Capital Clean Energy Carriers had a net margin of 57.50% and a return on equity of 10.53%. The business had revenue of $104.20 million for the quarter, compared to analyst estimates of $109.11 million. As a group, analysts forecast that Capital Clean Energy Carriers Corp. will post 1.66 earnings per share for the current fiscal year.
Capital Clean Energy Carriers Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, August 8th. Stockholders of record on Monday, August 4th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Monday, August 4th. Capital Clean Energy Carriers's payout ratio is 18.18%.
Institutional Investors Weigh In On Capital Clean Energy Carriers
A number of institutional investors have recently made changes to their positions in CCEC. Exchange Traded Concepts LLC increased its holdings in shares of 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 acquiring an additional 3,758 shares during the last quarter. MGO One Seven LLC bought a new stake in shares of Capital Clean Energy Carriers in the 2nd quarter valued at approximately $216,000. Geode Capital Management LLC increased its holdings in shares of 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 last quarter. Finally, LPL Financial LLC increased its holdings in shares of 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 acquiring an additional 1,339 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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