How to Buy Okeanis Eco Tankers Stock
Okeanis Eco Tankers Corp
Okeanis Eco Tankers is a shipping company located in Greece, which is part of the Industrials sector, and is traded under the ticker ECO on the NYSE exchange.
Okeanis Eco Tankers stock last closed at $21.15, down 1.72% from the previous day, and has decreased 30.31% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.09 percentage points. Okeanis Eco Tankers stock is currently +18.09% from its 52-week low of $17.91, and -42.35% from its 52-week high of $36.69.
At the moment, there are 32.19M shares of ECO outstanding. The market cap of ECO is $680.91M. In the last 24 hours, 76,773 ECO shares were traded.
How to Buy Okeanis Eco Tankers Stock
Not sure how to invest in Okeanis Eco Tankers stock? Here's how.
- Choose where to buy Okeanis Eco Tankers stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you figure out where to buy Okeanis Eco Tankers stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Select your payment method and add your information.
- Research Okeanis Eco Tankers stock: The Okeanis Eco Tankers ticker symbol is ECO. Is Okeanis Eco Tankers stock a good investment? Should you buy shares of ECO? How do ECO's underlying business fundamentals look? Do top analysts think Okeanis Eco Tankers is a good buy? Why has ECO's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if ECO is a good stock to buy).
- Place your ECO trade: Decide if you will purchase ECO shares at the current market price or use a limit order to buy ECO stock at a particular price.
- Keep an eye on your investment in ECO: Create a watchlist to get the latest news on your position in Okeanis Eco Tankers shares.
Step 1: Choose where to buy Okeanis Eco Tankers stock
You will need an online brokerage account to access the NYSE market and buy ECO shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal information so you can buy ECO stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start a new brokerage account.
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Step 3: Deposit funds into your brokerage account
Now that you have finished signing up on the best stock app to use, you can securely and quickly fund your account:
Watch this video walkthrough if you need help transferring funds into your investment account.
Step 4: Research Okeanis Eco Tankers stock
Once you have figured out the best place to buy Okeanis Eco Tankers stock, it's critical to research their stock before you invest, so you can comprehend the risk and upside.
Okeanis Eco Tankers shares data
ECO Due Diligence Score
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on ECO's stock page.
What is the fair value of ECO stock?
Investors use many financial metrics, analyses, models, and charts to gauge ECO's fair value.
Using relative valuations ratios:
- ECO could be undervalued based on its P/E ratio of 6.26x, relative to Marine Shipping industry P/E ratio of 8.5x
- ECO may be overvalued based on its P/B ratio of 1.66x, relative to Marine Shipping industry P/B ratio of 0.69x
You can do additional valuation research on ECO's stock here.
Is ECO a healthy company?
Pros:
- ECO's operating cash flow of $162.82M allows it to safely service it's debt of $645.65M.
- There are more short-term assets than short-term liabilities on the ECO balance sheet.
Cons:
- There are more long-term liabilities than short-term assets on the ECO balance sheet.
- ECO earnings of $165.92M is not sufficient to cover its interest payments.
- ECO has a relatively high debt to equity ratio of 1.64.
- ECO profit margin has gone down from 35.2% to 27.7% in the past year.
Do analysts think it's a good time to buy Okeanis Eco Tankers stock
Out of 1 Wall Street analysts who give forecasts on ECO, the consensus analyst rating on ECO is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Okeanis Eco Tankers stock forecast page.
ECO Technical Indicators
How are ECO Revenues/Earnings doing?
Last year, ECO earnings were $108.86M. During the past four year, ECO's earnings have increased by 2.02% per year. This was slower than the Marine Shipping industry average of 39.43%.
Last year, ECO revenue was $393.23M. Over the last four year, ECO's revenue has grown by 8.58% per year. This was slower than the Marine Shipping industry average of 37.34%.
Find out more about ECO's earnings and revenue performance here.
What are ECO insiders up to?
Over the last year, executives and large shareholders at ECO have not bought or sold any shares.
Get more info about who owns ECO shares here.
Can I get consistent income from ECO stock?
Okeanis Eco Tankers pays a dividend of 1.65%, compared to the Marine Shipping industry's average dividend yield of 21.89%. If you owned $1,000 of ECO stock, you would have been paid $16.55 in the past 12 months.
Get more data about Okeanis Eco Tankers dividend yield and history here.
What others are saying about ECO
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your ECO trade
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular price limit, place a limit order.
Press the Open button and your broker will place your order.
If you want additional info about investing in stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your investment in ECO
Now that you own some ECO stock, you'll want to stay up-to-date on your company.
Put ECO on a watchlist to keep track of your ECO stock.
ECO Feed
How to Buy Stock in Okeanis Eco Tankers
To summarize, here are the 6 steps you need to take to buy Okeanis Eco Tankers stock right now:
- Choose where to buy Okeanis Eco Tankers stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Research Okeanis Eco Tankers stock
- Place your ECO trade
- Keep an eye on your investment in ECO
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep track of your investment in Okeanis Eco Tankers, add ECO to your watchlist below.
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