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

Capital Clean Energy Carriers Corp (NASDAQ:CCEC)’s stock price gapped down prior to trading 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 trading hands.

Wall Street Analysts Forecast Growth

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

Capital Clean Energy Carriers Stock Performance

The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 7.90 and a beta of 0.87. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 1.99.

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