Okeanis Eco Tankers Corp (NYSE: ECO)’s stock price has decreased by -6.75 compared to its previous closing price of 24.07. However, the company has seen a -7.82% decrease in its stock price over the last five trading sessions. globenewswire.com reported 2025-02-19 that ATHENS, Greece, Feb. 19, 2025 (GLOBE NEWSWIRE) — Okeanis Eco Tankers Corp. (“OET” or the “Company”) (NYSE: ECO / OSE: OET), announced today that the Company’s board of directors (the “Board”) has declared a dividend on its common shares (the “Dividend”).
Is It Worth Investing in Okeanis Eco Tankers Corp (NYSE: ECO) Right Now?
Okeanis Eco Tankers Corp (NYSE: ECO) has a price-to-earnings ratio that is above its average at 6.18x. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ECO is 5.31M, and at present, short sellers hold a 4.05% of that float. On February 20, 2025, the average trading volume of ECO was 216.64K shares.
ECO’s Market Performance
The stock of Okeanis Eco Tankers Corp (ECO) has seen a -7.82% decrease in the past week, with a -0.73% drop in the past month, and a -5.14% fall in the past quarter. The volatility ratio for the week is 2.90%, and the volatility levels for the past 30 days are at 3.36% for ECO. The simple moving average for the past 20 days is -7.03% for ECO’s stock, with a -21.63% simple moving average for the past 200 days.
Analysts’ Opinion of ECO
Many brokerage firms have already submitted their reports for ECO stocks, with B. Riley Securities repeating the rating for ECO by listing it as a “Buy.” The predicted price for ECO in the upcoming period, according to B. Riley Securities is $38 based on the research report published on April 16, 2024 of the previous year 2024.
ECO Trading at -0.43% from the 50-Day Moving Average
After a stumble in the market that brought ECO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -38.83% of loss for the given period.
Volatility was left at 3.36%, however, over the last 30 days, the volatility rate increased by 2.90%, as shares sank -1.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.63% upper at present.
During the last 5 trading sessions, ECO fell by -7.27%, which changed the moving average for the period of 200-days by -27.40% in comparison to the 20-day moving average, which settled at $24.15. In addition, Okeanis Eco Tankers Corp saw 5.57% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ECO
Current profitability levels for the company are sitting at:
- 0.43 for the present operating margin
- 0.48 for the gross margin
The net margin for Okeanis Eco Tankers Corp stands at 0.29. The total capital return value is set at 0.17. Equity return is now at value 28.59, with 10.45 for asset returns.
Based on Okeanis Eco Tankers Corp (ECO), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 1.6. The interest coverage ratio of the stock is 2.94.
Currently, EBITDA for the company is 241.51 million with net debt to EBITDA at 2.87. When we switch over and look at the enterprise to sales, we see a ratio of 3.28. The receivables turnover for the company is 9.12for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.69.
Conclusion
To sum up, Okeanis Eco Tankers Corp (ECO) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
