NASDAQ:OP

OceanPal (OP) Stock Price, News & Analysis

$2.57
+0.15 (+6.20%)
(As of 05/1/2024 ET)
Today's Range
$2.45
$2.59
50-Day Range
$1.86
$3.04
52-Week Range
$1.26
$5.50
Volume
12,342 shs
Average Volume
30,428 shs
Market Capitalization
$19.14 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
OP stock logo

About OceanPal Stock (NASDAQ:OP)

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. The company was incorporated in 2021 and is based in Athens, Greece.

OP Stock Price History

OP Stock News Headlines

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OceanPal Inc (OP) Receives a Rating Update from a Top Analyst
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Adam’s research shows a radical new technology is set to grow 10X faster than the internet … and drastically alter manufacturing, healthcare, agriculture … even energy. Nvidia’s CEO said it will be, “flat out, the biggest [tech] revolution ever.”
Many Still Looking Away From OceanPal Inc. (NASDAQ:OP)
OceanPal Inc OP
REI Co-op Mastercard Review 2023
OceanPal invests in two chemical tankers
SVB Securities Remains a Buy on OceanPal Inc (OP)
Instrument Name Oceanpal Inc Instrument Symbol (OP-Q)
See More Headlines
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Company Calendar

Last Earnings
4/11/2024
Today
5/01/2024
Next Earnings (Estimated)
6/11/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Employees
2,021
Year Founded
N/A

Profitability

Net Income
$-1,980,000.00
Pretax Margin
-10.43%

Debt

Sales & Book Value

Annual Sales
$4.08 billion
Book Value
$12.43 per share

Miscellaneous

Free Float
N/A
Market Cap
$19.14 million
Optionable
No Data
Beta
0.53
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Key Executives

  • Mr. Robert Jonathan Perri (Age 51)
    Chief Executive Officer
  • Ms. Vasiliki Plousaki (Age 37)
    Chief Financial Officer
  • Ms. Margarita Veniou (Age 45)
    Chief Corporate Development & Governance Officer and Secretary

OP Stock Analysis - Frequently Asked Questions

How have OP shares performed in 2024?

OceanPal's stock was trading at $2.23 at the start of the year. Since then, OP stock has increased by 15.2% and is now trading at $2.57.
View the best growth stocks for 2024 here
.

Are investors shorting OceanPal?

OceanPal saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 21,600 shares, a decline of 48.1% from the March 31st total of 41,600 shares. Based on an average trading volume of 26,400 shares, the days-to-cover ratio is currently 0.8 days. Currently, 1.3% of the company's stock are sold short.
View OceanPal's Short Interest
.

When is OceanPal's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 11th 2024.
View our OP earnings forecast
.

How were OceanPal's earnings last quarter?

OceanPal Inc. (NASDAQ:OP) issued its quarterly earnings data on Thursday, April, 11th. The company reported ($0.42) EPS for the quarter. The firm had revenue of $5.81 million for the quarter. OceanPal had a negative net margin of 10.43% and a negative trailing twelve-month return on equity of 5.96%.

Is OceanPal a good dividend stock?

OceanPal (NASDAQ:OP) pays an annual dividend of $2.00 per share and currently has a dividend yield of 0.00%.
Read our dividend analysis for OP.

When did OceanPal's stock split?

OceanPal's stock reverse split on Thursday, June 8th 2023. The 1-20 reverse split was announced on Thursday, June 8th 2023. The number of shares owned by shareholders was adjusted after the market closes on Thursday, June 8th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

How do I buy shares of OceanPal?

Shares of OP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:OP) was last updated on 5/2/2024 by MarketBeat.com Staff

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