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

Capital Clean Energy Carriers Corp (NASDAQ:CCEC) shares gapped down prior to trading on Tuesday . The stock had previously closed at $18.75, but opened at $18.30. Capital Clean Energy Carriers shares last traded at $18.35, with a volume of 5,694 shares traded.

Analysts Set New Price Targets

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

Capital Clean Energy Carriers Stock Down 1.7 %

The company has a market cap of $1.02 billion, a P/E ratio of 14.18 and a beta of 0.83. The stock’s 50 day moving average is $18.41. The company has a quick ratio of 1.66, a current ratio of 1.68 and a debt-to-equity ratio of 2.04.

Capital Clean Energy Carriers Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 11th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, November 11th. This represents a $0.60 annualized dividend and a yield of 3.26%. Capital Clean Energy Carriers’s payout ratio is 46.15%.

Hedge Funds Weigh In On Capital Clean Energy Carriers

A hedge fund recently bought a new stake in Capital Clean Energy Carriers stock. RBF Capital LLC acquired a new position in shares of Capital Clean Energy Carriers Corp (NASDAQ:CCEC) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 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.