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Capital Product Partners L.P. Announces the Sale of Three 10,000 TEU Container Vessels
Globe Newswire (Wed, 20-Mar 9:00 AM ET)
Globe Newswire (Wed, 6-Mar 9:00 AM ET)
Globe Newswire (Mon, 4-Mar 9:00 AM ET)
Capital Product Partners L.P. Announces Fourth Quarter 2023 Financial Results
Globe Newswire (Fri, 2-Feb 8:00 AM ET)
Globe Newswire (Mon, 29-Jan 4:05 PM ET)
Capital Product Partners L.P. Announces Cash Distribution
Globe Newswire (Thu, 25-Jan 4:05 PM ET)
Capital Product Partners L.P. Announces the Successful Delivery of the LNG Carrier 'Axios II'
Globe Newswire (Thu, 4-Jan 9:00 AM ET)
Capital Product Partners LP is in the seaborne transportation of cargoes, crude oil, gasoline, diesel, fuel oil, jet fuel and edible oils and dry cargo and containerized goods. Its vessels include; suezmax crude oil tankers, medium-range product tankers, neo panamax container carriers and capsize bulk carrier. Its vessels are capable of carrying a wide range of cargoes, including crude oil, refined oil products (such as gasoline, diesel, fuel oil and jet fuel), edible oils and certain chemicals, such as ethanol, as well as dry cargo and containerized goods under short-term voyage charters and medium to long-term time and bareboat charters.
Capital Product Partners LP - Common Units Representing Limited Partner Interests trades on the NASDAQ stock market under the symbol CPLP.
As of March 28, 2024, CPLP stock price declined to $17.40 with 9,927 million shares trading.
CPLP has a beta of 0.51, meaning it tends to be less sensitive to market movements. CPLP has a correlation of 0.05 to the broad based SPY ETF.
CPLP has a market cap of $957.68 million. This is considered a Small Cap stock.
Last quarter Capital Product Partners LP - Common Units Representing Limited Partner Interests reported $96 million in Revenue and $.61 earnings per share. This fell short of revenue expectation by $-201,000 and missed earnings estimates by -$.02.
In the last 3 years, CPLP stock traded as high as $19.65 and as low as $10.31.
The top ETF exchange traded funds that CPLP belongs to (by Net Assets): GREK, LNGZ.
CPLP has outperformed the market in the last year with a return of +40.5%, while the SPY ETF gained +33.6%. In the last 3 month period, CPLP beat the market returning +28.9%, while SPY returned +10.1%. However, in the most recent 2 weeks CPLP has underperformed the stock market by returning -5.6%, while SPY returned +1.7%.
CPLP support price is $17.04 and resistance is $17.87 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CPLP stock will trade within this expected range on the day.