OceanPal Inc. (NASDAQ:OP – Get Free Report) shares were down 1.6% during mid-day trading on Friday . The company traded as low as $1.21 and last traded at $1.22. Approximately 12,354 shares were traded during trading, a decline of 28% from the average daily volume of 17,205 shares. The stock had previously closed at $1.24.
OceanPal Stock Down 1.6 %
The stock has a market cap of $9.09 million, a PE ratio of -0.65 and a beta of 0.51. The company’s fifty day moving average is $1.31 and its 200 day moving average is $1.56.
OceanPal (NASDAQ:OP – Get Free Report) last issued its earnings results on Friday, December 20th. The company reported ($0.08) EPS for the quarter. OceanPal had a negative net margin of 37.37% and a negative return on equity of 10.69%.
OceanPal Company Profile
OceanPal Inc provides ocean-going transportation services worldwide. The company owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks, including bauxite, phosphate, and fertilizers. As of December 31, 2023, its fleet consisted of five dry bulk carriers, which include three Panamaxes and two Capesize vessels with a cargo carrying capacity of approximately 572,599 deadweight tons.
Read More
- Five stocks we like better than OceanPal
- What is the Euro STOXX 50 Index?
- Earn High Dividends With 2 Top REITs Set to Perform in 2025
- What Are the U.K. Market Holidays? How to Invest and Trade
- Oilfield Leader SLB: An AI Name You Need to Know
- What Does Downgrade Mean in Investing?
- Top ETFs That Beat the Market in 2024 and Could Do It Again
Receive News & Ratings for OceanPal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OceanPal and related companies with MarketBeat.com's FREE daily email newsletter.
