Capital Clean Energy Carriers (NASDAQ:CCEC) Sees Strong Trading Volume – Time to Buy?

Capital Clean Energy Carriers Corp (NASDAQ:CCECGet Free Report) shares saw strong trading volume on Thursday . 12,982 shares were traded during mid-day trading, an increase of 28% from the previous session’s volume of 10,109 shares.The stock last traded at $18.81 and had previously closed at $18.47.

Analyst Ratings Changes

Several research analysts recently issued reports on CCEC shares. Fearnley Fonds upgraded Capital Clean Energy Carriers to a “strong-buy” rating in a research report on Thursday, October 10th. Raymond James initiated coverage on Capital Clean Energy Carriers in a research report on Friday, January 24th. They issued an “outperform” rating and a $26.00 price objective on the stock.

Check Out Our Latest Report on CCEC

Capital Clean Energy Carriers Stock Up 0.4 %

The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 14.76 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 firm’s 50 day moving average is $18.41.

Capital Clean Energy Carriers Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 12th. Investors of record on Thursday, February 6th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, February 6th. This represents a $0.60 annualized dividend and a yield of 3.13%. Capital Clean Energy Carriers’s dividend payout ratio (DPR) is presently 46.15%.

Institutional Investors Weigh In On Capital Clean Energy Carriers

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

About Capital Clean Energy Carriers

(Get Free Report)

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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