After finishing at $0.39 in the prior trading day, OceanPal Inc. (NASDAQ: OP) closed at $0.35, down -8.36%. In other words, the price has decreased by -$0.0324 from its previous closing price. On the day, 668367 shares were traded. OP stock price reached its highest trading level at $0.3820 during the session, while it also had its lowest trading level at $0.3520.
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Our goal is to gain a better understanding of OP by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 0.01.
Stock Price History:
Over the past 52 weeks, OP has reached a high of $8.75, while it has fallen to a 52-week low of $0.36. The 50-Day Moving Average of the stock is 0.7865, while the 200-Day Moving Average is calculated to be 26.3272.
The stock has traded on average 1.16M shares per day over the past 3-months and 685.99k shares per day over the last 10 days, according to various share statistics. A total of 25.18M shares are outstanding, with a floating share count of 23.79M. Insiders hold about 5.52% of the company’s shares, while institutions hold 3.70% stake in the company. Shares short for OP as of Jan 12, 2023 were 1.2M with a Short Ratio of 0.38M, compared to 130.52k on Dec 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 11.75% and a Short% of Float of 11.76%.