OceanPal (IEX:OP) Shares Down 2.4%

OceanPal Inc. (IEX:OPGet Rating)’s share price was down 2.4% during trading on Thursday . The company traded as low as $0.40 and last traded at $0.40. Approximately 87,418 shares traded hands during mid-day trading, The stock had previously closed at $0.41.

OceanPal Price Performance

The company has a 50-day moving average of $0.43.

About OceanPal

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OceanPal Inc focuses on the provision of ocean-going transportation services. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers. As of November 29, 2021, its fleet consisted of 3 dry bulk vessels, which include 2 Panamax and 1 Capesize vessels.

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