Capital Clean Energy Carriers (NASDAQ:CCEC) Rating Increased to Strong-Buy at Fearnley Fonds

Capital Clean Energy Carriers (NASDAQ:CCEC) was upgraded by Fearnley Fonds to a “strong-buy” rating in a report released on Thursday, Zacks.com reports.

Separately, Evercore ISI began coverage on Capital Clean Energy Carriers in a research note on Thursday, September 5th. They set an “outperform” rating and a $22.00 price objective for the company.

Capital Clean Energy Carriers Trading Up 1.1 %

Shares of NASDAQ:CCEC opened at $18.56 on Thursday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.53 and a current ratio of 0.53. The firm has a market capitalization of $1.03 billion, a P/E ratio of 7.28 and a beta of 0.87. Capital Clean Energy Carriers has a 52 week low of $12.70 and a 52 week high of $20.26.

Capital Clean Energy Carriers (NASDAQ:CCEC) last released its quarterly earnings data on Friday, August 2nd. The company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.17 by $0.23. The firm had revenue of $95.51 million for the quarter, compared to the consensus estimate of $90.22 million. Capital Clean Energy Carriers had a return on equity of 6.83% and a net margin of 24.89%. As a group, sell-side analysts forecast that Capital Clean Energy Carriers will post 1.91 EPS for the current fiscal year.

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.