Okeanis Eco Tankers (ECO)

• Market cap: $779M
• 1 day: -0.66%
• 5 days: 6.33%
• 1 month: 13.78%
• 3 months: -8.75%
• 6 months: -25.55%
• Year to date: 12.09%
• 1 year: -18.08%
• 5 years: -3.05%
• 10 years: -3.05%

About: Okeanis Eco Tankers Corp owns and operates tanker vessels in Greece. The business of the company is to own, charter out, and operate tanker vessels. The company owns, through its vessel-owning subsidiaries, a fleet of around seven tanker vessels and has around eight tanker vessels on order. The sailing fleet consists of around six modern Suezmax tankers, and eight VLCC tankers.

Employees: 14

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 5

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

33% more funds holding

Funds holding: 30 [Q2] → 40 (+10) [Q3]

1.13% more ownership

Funds ownership: 11.04% [Q2] → 12.16% (+1.13%) [Q3]

2% less capital invested

Capital invested by funds: $126M [Q2] → $123M (-$2.97M) [Q3]

43% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 14

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $40 65% upside
• Avg. target: $40 65% upside
• High target: $40 65% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

B. Riley Securities Liam Burke 31% 1-year accuracy 4 / 13 met price target

65% upside $40

Buy Maintained

15 Jan 2025