Okeanis Eco Tankers Stock Today

ECO Stock   23.60  0.26  1.09%   

Performance

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Odds Of Distress

Less than 5

 
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Okeanis Eco is selling at 23.60 as of the 18th of January 2025; that is 1.09% down since the beginning of the trading day. The stock's open price was 23.86. Okeanis Eco has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 18th of January 2025. 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 217.16 K shares are currently shorted by investors with about 1.0 days to cover. More on Okeanis Eco Tankers

Moving together with Okeanis Stock

  0.8OP OceanpalPairCorr
  0.72SB Safe BulkersPairCorr
  0.89EDRY EuroDryPairCorr

Moving against Okeanis Stock

  0.38ZIM ZIM Integrated Shipping Sell-off TrendPairCorr

Okeanis Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Thematic IdeaTransportation (View all Themes)
Old Names[eCobalt Solutions Inc, Eco Business-Immobilien AG, EcoOnline Holding AS]
Business ConcentrationMarine Transportation, Marine Shipping, Industrials, NYSE Composite, Transportation, Industrials, Marine Transportation, Marine Shipping, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.180.33
Way Down
Slightly volatile
Gross Profit Margin0.370.57
Way Down
Slightly volatile
Net Debt676.9 M739.8 M
Significantly Down
Slightly volatile
Total Current Liabilities88.3 M121.5 M
Way Down
Slightly volatile
Non Current Liabilities Total656.4 M707.7 M
Significantly Down
Slightly volatile
Total Assets1.2 B1.3 B
Fairly Down
Slightly volatile
Total Current Assets88.3 M158.6 M
Way Down
Slightly volatile
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.
Liquidity
Okeanis Eco Tankers has 693.28 M in debt. Note however, debt could still be an excellent tool for Okeanis to invest in growth at high rates of return.

Other Non Cash Items

(3.3 Million)
Okeanis Eco Tankers (ECO) is traded on New York Stock Exchange in USA. It is located in Ethnarchou Makariou Ave., 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 796.09 M. Okeanis Eco Tankers runs under Marine Transportation sector within Industrials industry. The entity has 32.19 M outstanding shares of which 217.16 K shares are currently shorted by investors with about 1.0 days to cover. Okeanis Eco generates positive cash flow from operations, but has no cash available
Check Okeanis Eco Probability Of Bankruptcy
Ownership Allocation
Okeanis 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. 83.1 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. Also note that almost five hundred sixty thousand one hundred seventy-seven invesors are currently shorting Okeanis Eco expressing very little confidence in its future performance.
Check Okeanis Ownership Details

Okeanis Eco Historical Income Statement

At this time, Okeanis Eco's Net Income is very stable compared to the past year. As of the 18th of January 2025, Income Tax Expense is likely to grow to 2.84, while Depreciation And Amortization is likely to drop about 34.9 M. View More Fundamentals

Okeanis Stock Against Markets

Okeanis Eco Corporate Management

When determining whether Okeanis Eco Tankers offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Okeanis Eco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Okeanis Eco Tankers Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Okeanis Eco Tankers Stock:
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.
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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
3.63
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.