Okeanis Eco Tankers Corp. (NYSE:ECO - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $22.95, but opened at $22.31. Okeanis Eco Tankers shares last traded at $22.19, with a volume of 70,799 shares trading hands.
Okeanis Eco Tankers Price Performance
The company has a 50 day simple moving average of $22.43 and a 200-day simple moving average of $22.39. The stock has a market cap of $715.87 million, a price-to-earnings ratio of 6.58 and a beta of -0.05. The company has a quick ratio of 1.34, a current ratio of 1.64 and a debt-to-equity ratio of 1.46.
Okeanis Eco Tankers (NYSE:ECO - Get Free Report) last posted its earnings results on Wednesday, May 14th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.24 by $0.12. The company had revenue of $48.60 million during the quarter, compared to analyst estimates of $46.91 million. Okeanis Eco Tankers had a return on equity of 25.40% and a net margin of 27.68%. As a group, research analysts anticipate that Okeanis Eco Tankers Corp. will post 1.34 EPS for the current fiscal year.
Okeanis Eco Tankers Dividend Announcement
The firm also recently disclosed a dividend, which will be paid on Thursday, June 12th. Investors of record on Wednesday, June 4th will be issued a $0.32 dividend. This represents a yield of 9.52%. The ex-dividend date is Tuesday, June 3rd. Okeanis Eco Tankers's dividend payout ratio (DPR) is 51.61%.
Hedge Funds Weigh In On Okeanis Eco Tankers
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wells Fargo & Company MN bought a new position in Okeanis Eco Tankers in the 4th quarter worth approximately $78,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of Okeanis Eco Tankers during the 4th quarter worth $213,000. Aristides Capital LLC bought a new stake in shares of Okeanis Eco Tankers during the 4th quarter worth $227,000. Citadel Advisors LLC boosted its position in shares of Okeanis Eco Tankers by 21.7% in the fourth quarter. Citadel Advisors LLC now owns 13,108 shares of the company's stock worth $279,000 after buying an additional 2,340 shares during the period. Finally, Triumph Capital Management acquired a new stake in shares of Okeanis Eco Tankers in the first quarter worth $440,000.
Okeanis Eco Tankers Company Profile
(
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Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.
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