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 $33.31, up 2.08% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Marine Shipping industry by N/A percentage points. Okeanis Eco Tankers stock is currently +44.51% from its 52-week low of $23.05, and -0.83% from its 52-week high of $33.59.
At the moment, there are 32.19M shares of ECO outstanding. The market cap of ECO is $1.07B. In the last 24 hours, 44,010 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.
- Send your details by clicking 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 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 Zen 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 7.39x, relative to Marine Shipping industry P/E ratio of 25.89x
- ECO may be overvalued based on its P/B ratio of 2.63x, relative to Marine Shipping industry P/B ratio of 1.08x
- ECO may be undervalued based on its PEG ratio of 0.13x
You can access more valuation research on ECO's stock here.
ECO Financials at a glance
Pros:
- ECO's operating cash flow of $174.03M allows it to safely service it's debt of $693.28M.
- There are more short-term assets than short-term liabilities on the ECO balance sheet.
- ECO profit margin has gone up from 31.2% to 35.2% in the past year.
Cons:
- 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 1.77.
- ECO earnings of $206.43M is not sufficient to cover its interest payments.
Is it a good time to buy ECO stock, according to analysts?
Out of 1 Equities analysts who track ECO, the consensus analyst rating on Okeanis Eco Tankers is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Okeanis Eco Tankers stock forecast page.
ECO Technical Indicators
ECO Growth Metrics
Last year, ECO earnings were $145.25M. In the last three year, ECO's earnings have gone up by 76.38% per year. This was faster than the Marine Shipping industry average of 15.75%.
Last year, ECO revenue was $413.10M. During the last 3 year, ECO's revenue has gone up by 77.22% per year. This was faster than the Marine Shipping industry average of 15.53%.
Learn more about ECO's earnings and revenue performance here.
Who is buying/selling ECO?
Over the last year, insiders at ECO have not bought or sold any shares.
Learn more about who owns ECO shares here.
Can I get consistent income from ECO stock?
No, Okeanis Eco Tankers doesn't provide an income stream by paying out dividends.
What do other traders have to say about ECO?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your ECO trade
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price, use a limit order.
Press the Open button and eToro will place the order.
If you require more info about buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your investment in ECO
Now that you own some ECO shares, you'll want to keep up with your investment.
Add ECO to a watchlist to keep tabs on your ECO stock.
ECO Feed
How to Buy Stock in Okeanis Eco Tankers
To summarize, here are the 6 steps to buy Okeanis Eco Tankers stock:
- 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 require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get updates on your new investment in Okeanis Eco Tankers, create a watchlist today.
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