Capital Properties (OTCMKTS:CPTP) Issues Earnings Results

Capital Properties (OTCMKTS:CPTP) issued its earnings results on Monday. The company reported $0.12 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $1.67 million during the quarter.

Capital Properties Stock Performance

Shares of OTCMKTS:CPTP opened at $15.00 on Wednesday. The firm has a market cap of $99 million, a price-to-earnings ratio of 48.39 and a beta of 0.33. Capital Properties has a fifty-two week low of $10.00 and a fifty-two week high of $15.95. The firm has a fifty day moving average price of $14.50 and a 200 day moving average price of $14.12.

Capital Properties Company Profile

Capital Properties, Inc, together with its subsidiaries, engages in leasing land in downtown Providence, Rhode Island under long-term ground leases. It owns approximately 18 acres in the Capital Center consisting of 13 individual parcels; leases the undeveloped parcels of land adjacent to the Capital Center for public parking purposes; and leases 23 outdoor advertising locations containing 44 billboard faces along interstate and primary highways in Rhode Island and Massachusetts. The company was formerly known as Providence and Worcester Company and changed its name to Capital Properties, Inc in July 1984.