Capital Properties (OTCMKTS:CPTP) Issues Earnings Results

Capital Properties (OTCMKTS:CPTP) released its earnings results on Monday. The company reported $0.09 earnings per share for the quarter, Zacks reports.

Capital Properties Stock Performance

OTCMKTS CPTP opened at $14.75 on Tuesday. Capital Properties has a one year low of $9.50 and a one year high of $15.95. The company has a 50-day simple moving average of $13.98 and a 200-day simple moving average of $12.94. The firm has a market capitalization of $97.35 million, a PE ratio of 67.05 and a beta of 0.33.

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.