Capital Properties (OTCMKTS:CPTP) Announces Earnings Results

Capital Properties (OTCMKTS:CPTP) announced its quarterly earnings data on Friday. The company reported $0.10 earnings per share for the quarter, Zacks reports. Capital Properties had a return on equity of 31.68% and a net margin of 41.21%.

Capital Properties Stock Performance

Shares of OTCMKTS CPTP remained flat at $13.88 on Friday. 200 shares of the company’s stock were exchanged, compared to its average volume of 276. The company has a 50 day moving average of $14.63 and a 200 day moving average of $14.33. Capital Properties has a fifty-two week low of $10.00 and a fifty-two week high of $15.95. The stock has a market cap of $91.58 million, a P/E ratio of 44.76 and a beta of 0.27.

About Capital Properties

Capital Properties, Inc. is a real estate company focused on owning, leasing and managing commercial property. Its business includes leasing land and other real estate to commercial tenants. The company’s property operations are centered in Providence, Rhode Island, where it is based. Its portfolio is primarily local rather than spread across multiple regions. Capital Properties was incorporated in 1976. Its business has remained focused on real estate ownership and leasing.