Birds Eye View Technical Analysis for Capital Product Partners L.P. (NASDAQ:CPLP)

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Capital Product Partners L.P. (NASDAQ:CPLP) for the period of 9-Day stands at 77.91% while the stochastic %D for the same period stands at 77.91%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Capital Product Partners L.P. (NASDAQ:CPLP) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Hold”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Capital Product Partners L.P. (NASDAQ:CPLP) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Capital Product Partners L.P. (NASDAQ:CPLP)’s 20-Day Bollinger Band indicates “Hold”.

About Company

CAPITAL PRODUCT PARTNERS L.P. is an international shipping company and leader in the seaborne transportation of refined oil products and chemicals. Their fleet of product tankers is fully chartered under medium- to long-term time and bareboat charters. With their modern, state-of-the-art fleet and built-in growth through contracted acquisitions of additional vessels and the potential drop-down of optional vessels from the owner of their General Partner, Capital Maritime & Trading Corp., they are well-positioned to capitalize on the growth dynamics of the product tanker industry, worldwide, as well as pending regulatory changes.

Previous Day Activity Analysis

On the last trading day, Capital Product Partners L.P. (NASDAQ:CPLP) opened the session at $3.59 and after going down -1.95% closed at $3.52. The stock lost -0.07 points in the last trade.

Capital Product Partners L.P. (NASDAQ:CPLP)’s stock fluctuated in the range of $3.47 and $3.60 during the previous active session. Capital Product Partners L.P. (NASDAQ:CPLP) traded with the volume of 629337 with average volume of 535.99 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 1.67 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.07 and 50.26 respectively.

Currently the Insider Ownership of the shares of Capital Product Partners L.P. (NASDAQ:CPLP) is at 35.6% and the shares outstanding are 133.93 Million.

Important Ratio Analysis

Some important ratios to consider here for Capital Product Partners L.P. (NASDAQ:CPLP) are discussed below:

Dividend yield of Capital Product Partners L.P. (NASDAQ:CPLP) stands at 9.09% whereas Price to Earnings P/E ratio stands at 11.93 while Forward P/E shows the value of 11.66.

The PEG ratio (Price to Earning to Growth) emits the value of 3.98. The Price to Sale P/S and Price to Book P/B shows the value of 1.92 and 0.47 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 3.41 and 5.12 correspondingly.

The Quick Ratio of Capital Product Partners L.P. (NASDAQ:CPLP) stands at 1 while the Current Ratio depicts the value of 1.

Return on Assets ROA of Capital Product Partners L.P. (NASDAQ:CPLP) is at 2.2% whereas, Return on Equity ROE and Return of Investment ROI of Capital Product Partners L.P. (NASDAQ:CPLP) stand at 3.9% and 5% respectively.

The payout ratio of Capital Product Partners L.P. (NASDAQ:CPLP) stands at 105%.

Stock Performance Analysis

The stock performance of Capital Product Partners L.P. (NASDAQ:CPLP) on the basis of 5 day trade show the jump of 0.28% whereas, the monthly performance of the stock shows decrease of -1.95%.

The quarterly performance of the stock remained in red zone with the value of -10.2% while six month performance of the shares of Capital Product Partners L.P. (NASDAQ:CPLP) remained bullish with the count of 3.23%.

The yearly and YTD performance of Capital Product Partners L.P. (NASDAQ:CPLP) remained up at 15.79% and 10.69% respectively.