ECO 📈 Okeanis Eco Tankers - Overview
Exchange: NYSE • Opening Hours • Country: Greece • Currency: USD • Type: Common Stock •
ECO: Crude Oil, Tanker Vessels
Okeanis Eco Tankers Corp. is a leading shipping company that specializes in the global transportation of crude oil. With a modern fleet of 14 tanker vessels, the company plays a vital role in the energy supply chain, connecting oil producers with refineries and consumers worldwide.
The company's fleet is comprised of six Suezmax tankers, which are designed to navigate the Suez Canal, and eight VLCC (Very Large Crude Carrier) tankers, which are among the largest tankers in the world. This diverse fleet enables Okeanis Eco Tankers to operate efficiently and flexibly, catering to a wide range of customer needs and cargo sizes.
Headquartered in Neo Faliro, Greece, Okeanis Eco Tankers was founded in 2018 with a commitment to providing reliable, efficient, and environmentally responsible transportation services. The company's focus on modern, eco-friendly vessels reflects its dedication to minimizing its environmental footprint while meeting the growing demand for energy transportation.
For more information about Okeanis Eco Tankers Corp., please visit their website at https://www.okeanisecotankers.com.
Additional Sources for ECO Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
ECO Stock Overview
| Market Cap in USD | 813m |
| Sector | Industrials |
| Industry | Marine Shipping |
| GiC SubIndustry | Marine Transportation |
| TER | 0.00% |
| IPO / Inception | 2023-12-08 |
ECO Stock Ratings
| Growth 5y | 69.7 |
| Fundamental | 65.7 |
| Dividend | 85.5 |
| Rel. Performance vs Sector | -3.30 |
| Analysts | 5.00/5 |
| Fair Price Momentum | 24.19 USD |
| Fair Price DCF | 144.56 USD |
ECO Dividends
| Dividend Yield 12m | 11.88% |
| Yield on Cost 5y | 84.12% |
| Dividends CAGR 5y | 38.38% |
| Payout Consistency | 66.67% |
ECO Growth Ratios
| Growth Correlation 3m | -52.9% |
| Growth Correlation 12m | 56.4% |
| Growth Correlation 5y | 76.4% |
| CAGR 5y | 380.46% |
| CAGR/Mean DD 5y | 48.81 |
| Sharpe Ratio 12m | 0.14 |
| Alpha vs SP500 12m | -10.99 |
| Beta vs SP500 5y weekly | 0.33 |
| Volatility GJR Garch 1y | 47.45% |
| Current Volume | 108k |
| Average Volume 20d | 200.1k |
As of November 21, 2024, the stock is trading at USD 24.07 with a total of 108,000 shares traded.
Over the past week, the price has changed by +2.32%, over one month by -22.21%, over three months by -17.86% and over the past year by +1.73%.
Yes, based on ValueRay Fundamental Analyses, Okeanis Eco Tankers (NYSE:ECO) is currently (November 2024) a good stock to buy. It has a ValueRay Fundamental Rating of 65.73 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ECO as of November 2024 is 24.19. This means that ECO is currently overvalued and has a potential downside of 0.5%.
- Strong Buy: 1
- Buy: 0
- Hold: 0
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, ECO Okeanis Eco Tankers will be worth about 26.1 in November 2025. The stock is currently trading at 24.07. This means that the stock has a potential upside of +8.56%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 44 | 82.8% |
| Analysts Target Price | 44 | 82.8% |
| ValueRay Target Price | 26.1 | 8.6% |