Capital Clean Energy Carriers (NASDAQ:CCEC) Hits New 52-Week High at $20.14

Capital Clean Energy Carriers Corp (NASDAQ:CCEC) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $20.14 and last traded at $20.14, with a volume of 21546 shares. The stock had previously closed at $19.59.

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 target price on the stock.

Capital Clean Energy Carriers Stock Up 0.5 %

The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.99. The firm has a market capitalization of $1.09 billion, a PE ratio of 7.90 and a beta of 0.87.

Capital Clean Energy Carriers (NASDAQ:CCEC) last issued its quarterly earnings results on Friday, August 2nd. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $95.51 million during the quarter, compared to analyst estimates of $90.22 million. On average, 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.