Capital Clean Energy Carriers (NASDAQ:CCEC) Now Covered by Analysts at Raymond James

Stock analysts at Raymond James assumed coverage on shares of Capital Clean Energy Carriers (NASDAQ:CCEC) in a note issued to investors on Friday, Marketbeat.com reports. The firm set an “outperform” rating and a $26.00 price target on the stock. Raymond James’ price objective would suggest a potential upside of 42.62% from the company’s previous close.

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

Capital Clean Energy Carriers Price Performance

Shares of CCEC stock opened at $18.23 on Friday. The company has a market capitalization of $1.01 billion, a P/E ratio of 14.02 and a beta of 0.83. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.66 and a current ratio of 1.68. The company’s 50-day moving average is $18.38. Capital Clean Energy Carriers has a 1-year low of $14.45 and a 1-year high of $20.26.

Hedge Funds Weigh In On Capital Clean Energy Carriers

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 disclosure with the Securities and Exchange Commission (SEC). The fund bought 10,376 shares of the company’s stock, valued at approximately $195,000.

About Capital Clean Energy Carriers

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.