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 $24.17, up 7.47% from the previous day, and has decreased 22.78% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.05 percentage points. Okeanis Eco Tankers stock is currently +34.95% from its 52-week low of $17.91, and -32.18% from its 52-week high of $35.64.
At the moment, there are 32.19M ECO shares outstanding. The market capitalization of ECO is $778.13M. In the last 24 hours, 312,000 ECO shares were traded.
How to Buy Okeanis Eco Tankers Stock
Wondering how to invest in Okeanis Eco Tankers stock? Here's how.
- Choose where to buy Okeanis Eco Tankers stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Okeanis Eco Tankers stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Choose your method of payment 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 understand 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 purchase ECO shares at a given price.
- Keep an eye on your investment in ECO: Create a watchlist to important updates regarding your investment in Okeanis Eco Tankers shares.
Step 1: Choose where to buy Okeanis Eco Tankers stock
You will need an online brokerage account in order to access the NYSE market and buy ECO stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal info so you can buy ECO today.
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- 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.
- Provide your personal data to open your new trading account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have finished signing up on the best stock app to use, you need to deposit funds:
Watch this video walkthrough for more details transferring funds into your new investment account.
Step 4: Research Okeanis Eco Tankers stock
After you have figured out the best place to buy Okeanis Eco Tankers stock, it's very important to evaluate their stock before you invest, so you can understand the risk as well as the upside.
Okeanis Eco Tankers shares at a glance
ECO Due Diligence Score
WallStreetZen was designed to help part-time investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on ECO's stock page.
How is ECO stock valued?
You can use many financial metrics, analyses, models, and charts to gauge ECO's true value.
Using relative valuations metrics:
- ECO could be overvalued based on its P/E ratio of 9.75x, relative to Marine Shipping industry P/E ratio of 9.55x
- ECO could be overvalued based on its P/B ratio of 1.89x, relative to Marine Shipping industry P/B ratio of 0.83x
You can do more valuation analysis on ECO's stock here.
A look at ECO Cashflows and Balance Sheet
Pros:
- There are more short-term assets than short-term liabilities on the ECO balance sheet.
Cons:
- ECO profit margin has gone down from 32.8% to 22% in the past year.
- There are more long-term liabilities than short-term assets on the ECO balance sheet.
- ECO has a relatively high debt to equity ratio of 1.6.
Do analysts think it's a good time to buy ECO stock
Out of 1 Wall Street analysts who monitor ECO, the consensus analyst rating on ECO is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Okeanis Eco Tankers stock forecast page.
ECO Trading Indicators
ECO Growth Metrics
Last year, ECO earnings were $79.86M. In the past 1 years, ECO's earnings have increased by -40.95% per year. This was slower than the Marine Shipping industry average of 15.32%.
Last year, ECO revenue was $362.25M. In the last one years, ECO's revenue has gone up by -12% per year. This was slower than the Marine Shipping industry average of 25%.
You can analyze ECO's earnings and revenue performance here.
Latest Insiders Trades at ECO
In the past 12 months, executives and large shareholders at ECO have not bought or sold any shares.
Dig into more about who owns ECO stock here.
Does ECO stock generate passive income?
Okeanis Eco Tankers pays a dividend of 1.45%, compared to the Marine Shipping industry's average dividend yield of 15.76%. If you owned $1,000 of ECO stock, you would have received $14.48 in the past year.
Find more data about Okeanis Eco Tankers dividend yield and history here.
Get analysis from other investors
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Place your ECO trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, place a limit order.
Hit the Open button and eToro will place the order.
If you require additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your investment in ECO
Now that you own some ECO stock, you'll want to keep up with your new company.
Create a watchlist to get alerted to the latest events about your ECO stock.
ECO Feed
How to Buy Stock in Okeanis Eco Tankers
To summarize, here are the 6 steps to buy stock in Okeanis Eco Tankers:
- 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 need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to watch your investment in Okeanis Eco Tankers, click the button below.
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