OceanPal (OP) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $1.53 to $1.60
• 50-Day Range: $1.44 to $2.06
• 52-Week Range: $1.40 to $3.33
• Volume: 3,378 shs
• Average Volume: 25,938 shs
• Market Capitalization: $11.40 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

OP Stock Analysis - Frequently Asked Questions

How have OP shares performed this year?

OceanPal's stock was trading at $2.23 at the beginning of 2024. Since then, OP shares have decreased by 31.4% and is now trading at $1.53.
View the best growth stocks for 2024 here.

How were OceanPal's earnings last quarter?

OceanPal Inc. (NASDAQ:OP) released its earnings results on Wednesday, August, 7th. The company reported ($1.16) earnings per share for the quarter. The business had revenue of $6.74 million for the quarter. OceanPal had a negative net margin of 58.08% and a negative trailing twelve-month return on equity of 14.26%.

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.
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Company Calendar

• Last Earnings: 8/07/2024
• Today: 9/19/2024
• Next Earnings (Estimated): 12/04/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: Deep sea foreign transportation of freight
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:OP
• CUSIP: N/A
• CIK: 1869467
• Web: www.oceanpal.com
• Phone: 30-210-9485-360
• Fax: 30-210-9401-810
• Employees: 60
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($2.83)
• 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: -58.08%
• Pretax Margin: -58.08%
• Return on Equity: -14.26%
• Return on Assets: -13.78%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 12.38
• Quick Ratio: 12.27

Sales & Book Value

• Annual Sales: $18.96 million
• Price / Sales: 0.60
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $12.43 per share
• Price / Book: 0.12

Miscellaneous

• Outstanding Shares: 7,450,000
• Free Float: N/A
• Market Cap: $11.40 million
• Optionable: No Data
• Beta: 0.53