Stock To Watch: Capital Product Partners L.P. (NASDAQ:CPLP)


The leading market experts have placed a mean price target of $5.210 on Capital Product Partners L.P. (NASDAQ:CPLP) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.090 a share for the upcoming quarter and $0.380 for the current fiscal. Technical View The technical analysis of Capital Product Partners L.P. plainly substantiates that the 50-day moving average of Capital Product Partners L.P. is $3.120, and stock is hovering 0.721 or +23.098% distant from $3.120. It is noted that the 200-day MA is $3.277, and Capital Product Partners L.P. stock is $0.564 or +17.217% off from this point. Capital Product Partners L.P. (NASDAQ:CPLP) 52-week high is $8.220 and the 52-week low is $2.410. This explains if the stock moves $-4.379, it will post a 52-week high. In event of $+59.378% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Capital Product Partners L.P., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Capital Product Partners L.P. (NASDAQ:CPLP) ratio came in at 10.581. The stock last ended the trading session at $3.841 and registered a market cap of $459.23M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Capital Product Partners L.P. (NASDAQ:CPLP) PEG ratio is at 3.450.

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