Capital Clean Energy Carriers (NASDAQ:CCEC) Sets New 52-Week High – Time to Buy?

Capital Clean Energy Carriers Corp (NASDAQ:CCEC) reached a new 52-week high during trading on Friday . The company traded as high as $22.00 and last traded at $18.29, with a volume of 197 shares trading hands. The stock had previously closed at $18.30.

Wall Street Analysts Forecast Growth

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

Capital Clean Energy Carriers Price Performance

The stock has a 50-day moving average of $18.40. The stock has a market cap of $1.03 billion, a PE ratio of 14.25 and a beta of 0.83. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.66 and a current ratio of 1.68.

Capital Clean Energy Carriers Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 11th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.24%. The ex-dividend date was Monday, November 11th. Capital Clean Energy Carriers’s dividend payout ratio is presently 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 bought a new stake in Capital Clean Energy Carriers Corp (NASDAQ:CCEC) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 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.