Capital Properties (OTCMKTS:CPTP) Issues Earnings Results

Key Points

• EPS: Capital Properties reported quarterly earnings of $0.09 EPS.
• Shares opened at $14.75 (one-year range $9.50–$15.95) with a market cap of $97.35 million and a trailing P/E of 67.05, trading above its 200-day and 50-day moving averages.
• Business profile: the company leases land in downtown Providence, owning about 18 acres across 13 parcels and operating 23 outdoor advertising locations (44 billboard faces) in Rhode Island and Massachusetts.

Capital Properties (OTCMKTS:CPTP - Get Free Report) posted its quarterly earnings data on Monday. The company reported $0.09 EPS for the quarter, Zacks reports.

Capital Properties Stock Performance

Shares of Capital Properties stock opened at $14.75 on Monday. Capital Properties has a 1 year low of $9.50 and a 1 year high of $15.95. The firm's 50-day simple moving average is $13.98 and its 200-day simple moving average is $12.94. The firm has a market cap of $97.35 million, a PE ratio of 67.05 and a beta of 0.33.

Capital Properties Company Profile

Capital Properties, Inc, together with its subsidiaries, engages in leasing land in downtown Providence, Rhode Island under long-term ground leases. It owns approximately 18 acres in the Capital Center consisting of 13 individual parcels; leases the undeveloped parcels of land adjacent to the Capital Center for public parking purposes; and leases 23 outdoor advertising locations containing 44 billboard faces along interstate and primary highways in Rhode Island and Massachusetts. The company was formerly known as Providence and Worcester Company and changed its name to Capital Properties, Inc in July 1984.

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