Capital Clean Energy Carriers (NASDAQ:CCEC) Shares Gap Down to $18.81

Capital Clean Energy Carriers Corp (NASDAQ:CCEC)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $18.81, but opened at $18.25. Capital Clean Energy Carriers shares last traded at $18.75, with a volume of 1,224 shares traded.

Analyst Upgrades and Downgrades

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

Capital Clean Energy Carriers Price Performance

The stock has a market cap of $1.04 billion, a P/E ratio of 7.90 and a beta of 0.87. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.53 and a current ratio of 0.53.

Capital Clean Energy Carriers (NASDAQ:CCEC) last released its earnings results on Friday, August 2nd. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.23. Capital Clean Energy Carriers had a return on equity of 6.83% and a net margin of 24.89%. The firm had revenue of $95.51 million during the quarter, compared to analyst estimates of $90.22 million. As a group, equities research analysts forecast that Capital Clean Energy Carriers Corp will post 1.95 earnings per share for the current fiscal year.

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.