Capital Clean Energy Carriers Corp (NASDAQ:CCEC – Get Free Report) saw unusually-high trading volume on Friday after the company announced a dividend. Approximately 9,202 shares were traded during trading, a decline of 28% from the previous session’s volume of 12,827 shares.The stock last traded at $18.56 and had previously closed at $18.14.
The newly announced dividend which will be paid on Wednesday, February 12th. Investors of record on Thursday, February 6th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 3.29%. The ex-dividend date is Thursday, February 6th. Capital Clean Energy Carriers’s payout ratio is currently 46.15%.
Analysts Set New Price Targets
CCEC has been the topic of several analyst reports. Fearnley Fonds upgraded Capital Clean Energy Carriers to a “strong-buy” rating in a research note on Thursday, October 10th. Raymond James initiated coverage on shares of Capital Clean Energy Carriers in a research report on Friday. They set an “outperform” rating and a $26.00 price objective on the stock.
Capital Clean Energy Carriers Stock Up 0.5 %
The business’s 50 day moving average is $18.38. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.68 and a quick ratio of 1.66. The stock has a market capitalization of $1.01 billion, a P/E ratio of 14.02 and a beta of 0.83.
Institutional Trading of Capital Clean Energy Carriers
A hedge fund recently bought a new stake in Capital Clean Energy Carriers stock. Geode Capital Management LLC bought a new position in Capital Clean Energy Carriers Corp (NASDAQ:CCEC – Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 14,304 shares of the company’s stock, valued at approximately $268,000.
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.
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