MPC Container Ships ASA (MPZZF) Projected to Post Earnings on Tuesday

MPC Container Ships ASA (OTCMKTS:MPZZF) is anticipated to post its results before the market opens on Tuesday, February 24th. Analysts expect MPC Container Ships ASA to post earnings of $0.0835 per share and revenue of $109.9430 million for the quarter.

MPC Container Ships ASA Trading Down 7.2%

Shares of MPC Container Ships ASA stock opened at $1.95 on Friday. MPC Container Ships ASA has a 12-month low of $1.15 and a 12-month high of $2.10. The business’s 50 day moving average is $1.82 and its 200-day moving average is $1.77.

MPC Container Ships ASA Company Profile

MPC Container Ships ASA operates as a pure‐play container vessel owner and charterer, specializing in the acquisition and long‐term chartering of modern container ships. Incorporated in Norway, the company focuses on securing a diversified fleet of gearless vessels, which are then chartered out to established liner operators under fixed‐rate time and bareboat agreements. This asset‐light model allows MPC Container Ships to benefit from contracted cash flows while mitigating exposure to spot market volatility.

The company’s fleet consists of medium‐sized container vessels ranging in capacity from approximately 1,000 TEU to 4,500 TEU, with an emphasis on younger, fuel‐efficient ships.