Capital Properties (OTCMKTS:CPTP) Posts Earnings Results

Capital Properties (OTCMKTS:CPTP) posted its earnings results on Monday. The company reported $0.12 earnings per share for the quarter, Zacks reports.

Capital Properties Price Performance

Shares of CPTP remained flat at $15.00 during trading hours on Monday. 157 shares of the stock were exchanged, compared to its average volume of 152. The stock has a market cap of $99 million, a P/E ratio of 48.39 and a beta of 0.33. The firm has a 50 day moving average price of $14.49 and a two-hundred day moving average price of $14.10. Capital Properties has a 52-week low of $10.00 and a 52-week high of $15.95.

About Capital Properties

Capital Properties, Inc, together with its subsidiaries, engages in leasing land in downtown Providence, Rhode Island under long-term ground leases. It owns approximately 18 acres in the Capital Center consisting of 13 individual parcels; leases the undeveloped parcels of land adjacent to the Capital Center for public parking purposes; and leases 23 outdoor advertising locations containing 44 billboard faces along interstate and primary highways in Rhode Island and Massachusetts. The company was formerly known as Providence and Worcester Company and changed its name to Capital Properties, Inc in July 1984.