Okeanis Eco Tankers Stock Today
ECO Stock | 23.58 0.25 1.07% |
Performance0 of 100
| Odds Of DistressLess than 3
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Okeanis Eco is selling at 23.58 as of the 25th of November 2024; that is 1.07% up since the beginning of the trading day. The stock's open price was 23.33. Okeanis Eco has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Okeanis Eco Tankers are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain Transportation | IPO Date 8th of December 2023 | Category Industrials |
Okeanis Eco is entity of United States. It is traded as Stock on NYSE exchange. The company has 32.19 M outstanding shares of which 142.51 K shares are currently shorted by investors with about 1.29 days to cover. More on Okeanis Eco Tankers
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Okeanis Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
Thematic Idea | Transportation (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Old Names | [eCobalt Solutions Inc, Eco Business-Immobilien AG, EcoOnline Holding AS] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Marine Transportation, Marine Shipping, Industrials, Transportation, Industrials, Marine Transportation, Marine Shipping, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Okeanis Eco can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Okeanis Eco's financial leverage. It provides some insight into what part of Okeanis Eco's total assets is financed by creditors.
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Okeanis Eco Tankers (ECO) is traded on New York Stock Exchange in USA. It is located in Ethnarchou Makariou Ave., & 2 D. Falireos St., Neo Faliro, Greece, 185 47 and employs 14 people. Okeanis Eco is listed under Marine Transportation category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 751.8 M. Okeanis Eco Tankers runs under Marine Transportation sector within Industrials industry. The entity has 32.19 M outstanding shares of which 142.51 K shares are currently shorted by investors with about 1.29 days to cover.
Okeanis Eco generates positive cash flow from operations, but has no cash available
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Ownership AllocationOkeanis Eco owns a total of 32.19 Million outstanding shares. Okeanis Eco holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 62.89 pct. of Okeanis Eco Tankers outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Okeanis Eco Historical Income Statement
Okeanis Stock Against Markets
Okeanis Eco Corporate Management
Iraklis Sbarounis | Chief Officer | Profile | |
Thalia Kalafati | Treasurer | Profile | |
Aristidis Alafouzos | Chief Officer | Profile | |
Christopher Papaioannou | Chief Officer | Profile | |
Dimitra Kontogogou | Company Secretary | Profile | |
Konstantinos Oikonomopoulos | Chief Officer | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Okeanis Eco Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Okeanis Eco. If investors know Okeanis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Okeanis Eco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.25) | Earnings Share 3.78 | Revenue Per Share 12.416 | Quarterly Revenue Growth (0.05) | Return On Assets 0.095 |
The market value of Okeanis Eco Tankers is measured differently than its book value, which is the value of Okeanis that is recorded on the company's balance sheet. Investors also form their own opinion of Okeanis Eco's value that differs from its market value or its book value, called intrinsic value, which is Okeanis Eco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Okeanis Eco's market value can be influenced by many factors that don't directly affect Okeanis Eco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Okeanis Eco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Okeanis Eco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Okeanis Eco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.