Okeanis Eco Tankers (NYSE:ECO) Shares Gap Down – Should You Sell?

Posted by Stanley Muller on Nov 2nd, 2026

Shares of Okeanis Eco Tankers Corp. (NYSE:ECO – Get Free Report) gapped down before the market opened on Monday. The stock had previously closed at $101.33, but opened at $96.50. Okeanis Eco Tankers shares last traded at $96.0630, with a volume of 203,336 shares trading hands.

Wall Street Analysts Forecast Growth

ECO has been the subject of several research reports. Wall Street Zen raised Okeanis Eco Tankers from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Weiss Ratings upgraded shares of Okeanis Eco Tankers from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, September 9th. B. Riley Financial raised their price objective on shares of Okeanis Eco Tankers from $75.00 to $100.00 and gave the stock a “buy” rating in a research note on Monday, October 5th. Finally, Zacks Research downgraded Okeanis Eco Tankers from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $67.85.

Get Our Latest Research Report on ECO

Okeanis Eco Tankers Stock Down 7.5%

The business’s fifty day moving average price is $82.43 and its two-hundred day moving average price is $58.86. The company has a current ratio of 4.43, a quick ratio of 4.13 and a debt-to-equity ratio of 0.76. The firm has a market cap of $3.66 billion, a P/E ratio of 8.75 and a beta of -0.19.

Okeanis Eco Tankers (NYSE:ECO – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $5.91 earnings per share for the quarter, topping analysts’ consensus estimates of $4.61 by $1.30. Okeanis Eco Tankers had a return on equity of 62.06% and a net margin of 56.92%. The company had revenue of $268.14 million during the quarter, compared to analysts’ expectations of $220.28 million. As a group, equities research analysts anticipate that Okeanis Eco Tankers Corp. will post 15.33 EPS for the current year.

Okeanis Eco Tankers Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 21st. Investors of record on Friday, August 14th were issued a $5.25 dividend. This is a boost from Okeanis Eco Tankers’s previous quarterly dividend of $2.00. The ex-dividend date was Friday, August 14th. This represents a $21.00 annualized dividend and a yield of 22.4%. Okeanis Eco Tankers’s payout ratio is 195.90%.

Insider Buying and Selling at Okeanis Eco Tankers

In related news, Director Financial Lp Qvt sold 68,420 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $59.99, for a total transaction of $4,104,515.80. Following the completion of the transaction, the director owned 1,347,038 shares of the company’s stock, valued at approximately $80,808,809.62. The trade was a 4.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Hedge Funds Weigh In On Okeanis Eco Tankers

Several large investors have recently bought and sold shares of ECO. Bank of America Corp DE boosted its holdings in Okeanis Eco Tankers by 96.7% in the 1st quarter. Bank of America Corp DE now owns 278,305 shares of the company’s stock valued at $14,079,000 after purchasing an additional 136,782 shares during the period. Walleye Capital LLC grew its position in Okeanis Eco Tankers by 71.9% in the 1st quarter. Walleye Capital LLC now owns 177,417 shares of the company’s stock worth $8,976,000 after purchasing an additional 74,231 shares during the last quarter. Militia Capital Management LLC acquired a new stake in Okeanis Eco Tankers in the 1st quarter worth $3,541,000. Cetera Investment Advisers bought a new position in shares of Okeanis Eco Tankers during the 1st quarter worth about $2,185,000. Finally, BTG Pactual Asset Management US LLC bought a new position in shares of Okeanis Eco Tankers during the 2nd quarter worth about $1,608,000.

About Okeanis Eco Tankers

(Get Free Report)

Okeanis Eco Tankers Corp. is a maritime transportation company that owns and operates oceangoing tankers. The company focuses primarily on the transportation of crude oil and refined petroleum products for energy companies, commodity traders and other customers in the global oil industry.

Its fleet consists mainly of large crude carriers, including very large crude carriers (VLCCs) and Suezmax tankers, as well as product tankers designed to transport refined petroleum products. Okeanis Eco Tankers emphasizes fuel efficiency and environmental performance through the use of modern vessels and technologies intended to reduce emissions and operating consumption.

Okeanis Eco Tankers was established in 2018 and is headquartered in Athens, Greece.