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

Capital Clean Energy Carriers Corp (NASDAQ:CCEC)’s share price gapped down prior to trading on Monday . The stock had previously closed at $18.58, but opened at $18.18. Capital Clean Energy Carriers shares last traded at $18.18, with a volume of 370 shares traded.

Wall Street Analyst Weigh In

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

Capital Clean Energy Carriers Trading Down 1.4 %

The stock’s 50 day moving average price is $18.44. The company has a market cap of $1.01 billion, a price-to-earnings ratio of 14.03 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.

Capital Clean Energy Carriers Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 11th were given a dividend of $0.15 per share. The ex-dividend date was Monday, November 11th. This represents a $0.60 annualized dividend and a dividend yield of 3.29%. Capital Clean Energy Carriers’s payout ratio is 46.15%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Capital Clean Energy Carriers stock. Geode Capital Management LLC purchased a new position in shares of Capital Clean Energy Carriers Corp (NASDAQ:CCEC) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 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.