Capital Clean Energy Carriers (NASDAQ:CCEC) Shares Gap Down – Here’s Why

Capital Clean Energy Carriers Corp (NASDAQ:CCEC)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $18.75, but opened at $18.30. Capital Clean Energy Carriers shares last traded at $18.35, with a volume of 5,694 shares traded.

Wall Street Analyst Weigh In

Separately, Fearnley Fonds raised Capital Clean Energy Carriers to a “strong-buy” rating in a research report on Thursday, October 10th.

Capital Clean Energy Carriers Stock Performance

The company has a current ratio of 1.68, a quick ratio of 1.66 and a debt-to-equity ratio of 2.04. The stock has a 50-day simple moving average of $18.41. The stock has a market capitalization of $1.02 billion, a PE ratio of 14.18 and a beta of 0.83.

Capital Clean Energy Carriers Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 11th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date of this dividend was Monday, November 11th. Capital Clean Energy Carriers’s dividend payout ratio (DPR) is currently 46.15%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Capital Clean Energy Carriers stock. RBF Capital LLC bought a new position in shares of Capital Clean Energy Carriers Corp (NASDAQ:CCEC) in the third quarter, according to the company in its most recent filing with the SEC. The firm bought 10,376 shares of the company’s stock, valued at approximately $195,000.

Capital Clean Energy Carriers Company Profile

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.