A new trading day began on Tuesday, with Okeanis Eco Tankers Corp (NYSE: ECO) stock price up 5.63% from the previous day of trading, before settling in for the closing price of $20.42. ECO’s price has ranged from $18.79 to $36.69 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 106.26%. Meanwhile, its annual earnings per share averaged -23.23%. With a float of $5.31 million, this company’s outstanding shares have now reached $32.19 million.
Let’s determine the extent of company efficiency that accounts for 14 employees. In terms of profitability, gross margin is 47.73%, operating margin of 42.56%, and the pretax margin is 29.25%.
Okeanis Eco Tankers Corp (ECO) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Marine Shipping Industry. The insider ownership of Okeanis Eco Tankers Corp is 83.13%, while institutional ownership is 17.82%.
Okeanis Eco Tankers Corp (ECO) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -23.23% per share during the next fiscal year.
Okeanis Eco Tankers Corp (NYSE: ECO) Trading Performance Indicators
Here are Okeanis Eco Tankers Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.71. Likewise, its price to free cash flow for the trailing twelve months is 5.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.63, a number that is poised to hit 0.50 in the next quarter and is forecasted to reach 5.29 in one year’s time.
Technical Analysis of Okeanis Eco Tankers Corp (ECO)
Looking closely at Okeanis Eco Tankers Corp (NYSE: ECO), its last 5-days average volume was 0.21 million, which is a jump from its year-to-date volume of 89024.0. As of the previous 9 days, the stock’s Stochastic %D was 60.78%. Additionally, its Average True Range was 0.90.
During the past 100 days, Okeanis Eco Tankers Corp’s (ECO) raw stochastic average was set at 16.50%, which indicates a significant decrease from 75.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.79% in the past 14 days, which was higher than the 42.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.30, while its 200-day Moving Average is $29.95. However, in the short run, Okeanis Eco Tankers Corp’s stock first resistance to watch stands at $22.05. Second resistance stands at $22.53. The third major resistance level sits at $23.43. If the price goes on to break the first support level at $20.67, it is likely to go to the next support level at $19.78. Should the price break the second support level, the third support level stands at $19.30.
Okeanis Eco Tankers Corp (NYSE: ECO) Key Stats
With a market capitalization of 683.34 million, the company has a total of 32,194K Shares Outstanding. Currently, annual sales are 413,100 K while annual income is 145,250 K. The company’s previous quarter sales were 84,930 K while its latest quarter income was 14,550 K.
