OceanPal Inc. (NASDAQ:OP – Get Free Report) traded down 1.6% on Friday . The stock traded as low as $1.21 and last traded at $1.22. 12,354 shares traded hands during trading, a decline of 28% from the average session volume of 17,205 shares. The stock had previously closed at $1.24.
OceanPal Price Performance
The company has a 50-day moving average of $1.32 and a two-hundred day moving average of $1.56. The stock has a market capitalization of $9.09 million, a PE ratio of -0.65 and a beta of 0.51.
OceanPal (NASDAQ:OP – Get Free Report) last released its earnings results on Friday, December 20th. The company reported ($0.08) earnings per share for the quarter. OceanPal had a negative return on equity of 10.69% and a negative net margin of 37.37%.
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.
Recommended Stories
- Five stocks we like better than OceanPal
- EV Stocks and How to Profit from Them
- AI Demand Sparks Opportunities for These 3 Nuclear Energy Leaders
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- TSMC: Long-Term Outlook Still Strong as Geopolitical Risk Rises
- Why Are Stock Sectors Important to Successful Investing?
- Uber’s NVIDIA Deal and Buybacks Signal Major Upside
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.
