Okeanis Eco Tankers (NYSE:ECO) Shares Gap Down – Here’s What Happened

02 Jan 2026, 11:22 by Jessica Moore · The Cerbat Gem

Okeanis Eco Tankers Corp. (NYSE:ECO – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $33.84, but opened at $32.85. Okeanis Eco Tankers shares last traded at $32.4760, with a volume of 24,861 shares traded.

Wall Street Analyst Weigh In

Several research firms have recently commented on ECO. UBS Group lowered shares of Okeanis Eco Tankers from a “buy” rating to a “neutral” rating in a research report on Friday, November 14th. Zacks Research upgraded shares of Okeanis Eco Tankers from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 8th. B. Riley lifted their price target on Okeanis Eco Tankers from $35.00 to $45.00 and gave the company a “buy” rating in a report on Friday, November 14th. Weiss Ratings reissued a “hold (c+)” rating on shares of Okeanis Eco Tankers in a report on Monday. Finally, Clarkson Capital upgraded Okeanis Eco Tankers to a “hold” rating in a research report on Friday, November 14th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $37.00.

Check Out Our Latest Report on Okeanis Eco Tankers

Okeanis Eco Tankers Trading Down 4.8%

The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.69 and a current ratio of 2.00. The stock has a market capitalization of $1.04 billion, a P/E ratio of 13.48 and a beta of 0.06. The business has a 50 day simple moving average of $35.29 and a 200-day simple moving average of $29.47.

Okeanis Eco Tankers (NYSE:ECO – Get Free Report) last issued its quarterly earnings results on Thursday, November 13th. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.29 by $0.48. Okeanis Eco Tankers had a net margin of 21.92% and a return on equity of 18.05%. The firm had revenue of $90.60 million for the quarter, compared to analysts’ expectations of $51.29 million. On average, analysts predict that Okeanis Eco Tankers Corp. will post 1.34 EPS for the current year.

Okeanis Eco Tankers Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Investors of record on Tuesday, December 2nd were issued a dividend of $0.75 per share. The ex-dividend date was Tuesday, December 2nd. This is a positive change from Okeanis Eco Tankers’s previous quarterly dividend of $0.70. This represents a $3.00 dividend on an annualized basis and a yield of 9.3%. Okeanis Eco Tankers’s payout ratio is 125.52%.

Institutional Investors Weigh In On Okeanis Eco Tankers

A number of institutional investors and hedge funds have recently modified their holdings of ECO. Verition Fund Management LLC acquired a new position in shares of Okeanis Eco Tankers in the 3rd quarter worth $211,000. Quarry LP acquired a new position in shares of Okeanis Eco Tankers in the 3rd quarter valued at $29,000. Militia Capital Partners LP purchased a new position in Okeanis Eco Tankers in the 3rd quarter worth about $1,024,000. Millennium Management LLC acquired a new stake in Okeanis Eco Tankers during the 3rd quarter worth about $486,000. Finally, Lighthouse Investment Partners LLC lifted its stake in Okeanis Eco Tankers by 11.0% during the third quarter. Lighthouse Investment Partners LLC now owns 51,965 shares of the company’s stock valued at $1,521,000 after buying an additional 5,149 shares in the last quarter.

About Okeanis Eco Tankers

(Get Free Report)

Okeanis Eco Tankers Corp. is a Marshall Islands–incorporated, publicly traded shipping company specializing in the ownership and operation of eco-design product tankers. The company made its debut on the New York Stock Exchange under the ticker “ECO” in May 2019 following an initial public offering. It focuses on the acquisition of newbuilding medium-range (MR) and long-range (LR) product tankers designed to deliver enhanced fuel efficiency and reduced emissions.