Capital Product Partners LP (NASDAQ: CCEC) has recently enjoyed extremely important positive changes in investment behavior: its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.
Important positive changes in fundamentals have recently occurred for Capital Product Partners LP (NASDAQ: CCEC): the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, CPLP is expected to be Value Creation neutral.
Capital Product Partners has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Capital Product Partners has a neutral Power Rating of 55 but a good Appreciation Score of 85, triggering the Positive Value Trend Rating.
Recent Price Action
Capital Product Partners LP (NASDAQ: CCEC) stock declined slightly by -0.07% on 9/11/24. The stock closed at $17.26. Moreover, this decline was accompanied by above average trading volume at 149% of normal. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
Be the first to comment