Okeanis Eco Tankers Corp. (NYSE:ECO - Get Free Report)'s share price shot up 4.4% on Monday . The company traded as high as $24.07 and last traded at $24.20. 37,080 shares traded hands during trading, a decline of 77% from the average session volume of 157,805 shares. The stock had previously closed at $23.19.
Okeanis Eco Tankers Stock Up 1.3%
The firm has a market cap of $750.03 million, a P/E ratio of 9.39 and a beta of -0.15. The business's fifty day moving average price is $23.29 and its two-hundred day moving average price is $22.62. The company has a current ratio of 1.65, a quick ratio of 1.28 and a debt-to-equity ratio of 1.43.
Okeanis Eco Tankers (NYSE:ECO - Get Free Report) last released its quarterly earnings results on Wednesday, May 14th. The company reported $0.36 earnings per share for the quarter, beating analysts' consensus estimates of $0.24 by $0.12. The business had revenue of $48.60 million for the quarter, compared to the consensus estimate of $46.91 million. Okeanis Eco Tankers had a net margin of 22.05% and a return on equity of 18.89%. As a group, equities research analysts anticipate that Okeanis Eco Tankers Corp. will post 1.34 EPS for the current year.
Okeanis Eco Tankers Dividend Announcement
The company also recently announced a dividend, which was paid on Thursday, June 12th. Investors of record on Wednesday, June 4th were paid a $0.32 dividend. The ex-dividend date was Tuesday, June 3rd. This represents a yield of 9.52%. Okeanis Eco Tankers's payout ratio is presently 51.61%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. PDT Partners LLC grew its stake in Okeanis Eco Tankers by 6.2% in the 4th quarter. PDT Partners LLC now owns 21,504 shares of the company's stock valued at $457,000 after buying an additional 1,250 shares during the last quarter. Citadel Advisors LLC grew its stake in Okeanis Eco Tankers by 21.7% in the 4th quarter. Citadel Advisors LLC now owns 13,108 shares of the company's stock valued at $279,000 after buying an additional 2,340 shares during the last quarter. Wells Fargo & Company MN acquired a new position in Okeanis Eco Tankers in the 4th quarter valued at $78,000. Bank of America Corp DE grew its stake in Okeanis Eco Tankers by 25.9% in the 4th quarter. Bank of America Corp DE now owns 23,307 shares of the company's stock valued at $496,000 after buying an additional 4,798 shares during the last quarter. Finally, FIL Ltd grew its stake in Okeanis Eco Tankers by 1.3% in the 4th quarter. FIL Ltd now owns 611,929 shares of the company's stock valued at $12,439,000 after buying an additional 8,053 shares during the last quarter.
About Okeanis Eco Tankers
(
Get Free Report)
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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