How have OP shares performed in 2024?

OceanPal's stock was trading at $2.23 at the beginning of the year. Since then, OP stock has increased by 14.8% and is now trading at $2.56. View the best growth stocks for 2024 here .

Are investors shorting OceanPal?

OceanPal saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 41,600 shares, an increase of 118.9% from the March 15th total of 19,000 shares. Based on an average trading volume of 32,800 shares, the short-interest ratio is presently 1.3 days. Approximately 2.5% of the company's shares 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 .

When did OceanPal's stock split?

OceanPal shares 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 .

NASDAQ:OP

OceanPal (OP) Stock Price, News & Analysis

→ With the “Bitcoin Loophole” you can supercharge the gains by 10x or more (From DTI) (Ad)

Free OP Stock Alerts

$2.53

0.00 (0.00%)

(As of 01:36 PM ET)

Compare

Today's Range: $2.51
▼
$2.57
50-Day Range: $1.86
▼
$3.04
52-Week Range: $1.26
▼
$6.70

Volume: 4,925 shs
Average Volume: 32,201 shs
Market Capitalization: $3.19 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Get OceanPal alerts:

Ad Paradigm Press

Bitcoin Rockets To Record High But Buy THIS Instead

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

>>Click here to find out what it is.

About OceanPal Stock (NASDAQ:OP)

OceanPal Inc. provides ocean-going transportation services worldwide. 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 December 31, 2022, 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

30 days | 90 days | 365 days | Advanced Chart

OP Stock News Headlines

April 16, 2024 | globenewswire.com

OceanPal Inc. Announces the Filing of Its Annual Report on Form 20-F

April 16, 2024 | americanbankingnews.com

OceanPal (NASDAQ:OP) and Caravelle International Group (NASDAQ:CACO) Head-To-Head Review

April 19, 2024 | Tips4Traders (Ad)

Uncover this 2024 Hidden Gem

Exclusive Report: Uncover a Hidden Investment Gem We’re excited to share a special report on one exceptional, publicly traded company. This company has achieved a remarkable 22+% just this year, outperforming the market and revealing the potential for significant gains.

April 11, 2024 | msn.com

OP Stock Earnings: OceanPal Reported Results for Q4 2023

April 11, 2024 | globenewswire.com

OceanPal Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2023

April 10, 2024 | americanbankingnews.com

Navios Maritime Partners (NYSE:NMM) versus OceanPal (NASDAQ:OP) Head-To-Head Comparison

March 19, 2024 | markets.businessinsider.com

OceanPal Inc (OP) Receives a Rating Update from a Top Analyst

March 16, 2024 | finance.yahoo.com

Companies Like OceanPal (NASDAQ:OP) Are In A Position To Invest In Growth

April 19, 2024 | Tips4Traders (Ad)

Uncover this 2024 Hidden Gem

March 13, 2024 | msn.com

Arq, Guardforce AI, 1847 Holdings among industrial movers

March 9, 2024 | news.yahoo.com

Democratic operative admits to commissioning fake Biden robocall that used AI

February 26, 2024 | benzinga.com

Top 2 Industrials Stocks That May Explode This Quarter - OceanPal (NASDAQ:OP), Avis Budget Gr (NASDAQ:CAR)

February 23, 2024 | benzinga.com

OceanPal Stock (NASDAQ:OP), Analyst Ratings, Price Targets, Predictions

February 15, 2024 | bbc.com

Violence against Co-op shop workers rises sharply

December 11, 2023 | finance.yahoo.com

Many Still Looking Away From OceanPal Inc. (NASDAQ:OP)

December 6, 2023 | finance.yahoo.com

OceanPal inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2023

November 11, 2023 | morningstar.com

OceanPal Inc OP

October 31, 2023 | finance.yahoo.com

One OceanPal Insider Raised Their Stake In The Previous Year

September 22, 2023 | finance.yahoo.com

OceanPal Inc. Announces Time Charter Contract for m/v Salt Lake City With Five Ocean Corporation

September 20, 2023 | forbes.com

REI Co-op Mastercard Review 2023

August 29, 2023 | msn.com

OceanPal invests in two chemical tankers

August 29, 2023 | finance.yahoo.com

OceanPal Inc. Becomes Strategic Partner In Two 6,600dwt Methanol-Ready Chemical Tanker Newbuildings

August 11, 2023 | finance.yahoo.com

OceanPal Second Quarter 2023 Earnings: EPS: US$0.27 (vs US$1.05 in 2Q 2022)

August 8, 2023 | finance.yahoo.com

OceanPal Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2023

July 12, 2023 | markets.businessinsider.com

SVB Securities Remains a Buy on OceanPal Inc (OP)

July 6, 2023 | theglobeandmail.com

Instrument Name Oceanpal Inc Instrument Symbol (OP-Q)

June 13, 2023 | finance.yahoo.com

OceanPal Inc. Reports Financial Results for the First Quarter Ended March 31, 2023

See More Headlines

Receive OP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for OceanPal and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Today: 4/19/2024
Next Earnings (Estimated): 6/11/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Transportation
Industry: Deep sea foreign transportation of freight
Sub-Industry: N/A
Current Symbol: NASDAQ:OP
CUSIP: N/A
CIK: 1869467
Web: www.oceanpal.com
Phone: 30-210-9485-360
Fax: 30-210-9401-810
Employees: 2,021
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($3.11)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-1,980,000.00
Net Margins: -10.43%
Pretax Margin: -10.43%
Return on Equity: -5.96%
Return on Assets: -5.70%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 8.77
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $18.96 million
Price / Sales: 0.17
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $73.51 per share
Price / Book: 0.03

Miscellaneous

Outstanding Shares: 1,260,000
Free Float: N/A
Market Cap: $3.19 million
Optionable: No Data
Beta: 0.53

7 Energy Stocks to Buy and Hold Forever

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Key Executives

Mr. Robert Jonathan Perri (Age 51)
Chief Executive Officer
Ms. Vasiliki Plousaki (Age 38)
Chief Financial Officer
Ms. Margarita Veniou (Age 45)
Chief Corporate Development & Governance Officer and Secretary

Key Competitors

View All Competitors

OP Stock Analysis - Frequently Asked Questions

How have OP shares performed in 2024?: OceanPal's stock was trading at $2.23 at the beginning of the year. Since then, OP stock has increased by 14.8% and is now trading at $2.56.
View the best growth stocks for 2024 here.
Are investors shorting OceanPal?: OceanPal saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 41,600 shares, an increase of 118.9% from the March 15th total of 19,000 shares. Based on an average trading volume of 32,800 shares, the short-interest ratio is presently 1.3 days. Approximately 2.5% of the company's shares 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.

When did OceanPal's stock split?: OceanPal shares 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 4/19/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial