Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
OceanPal Inc (NASDAQ: SVRN) closed the day trading at $1.01 down -3.81% from the previous closing price of $1.05. In other words, the price has decreased by -$3.81 from its previous closing price. On the day, 0.17 million shares were traded. SVRN stock price reached its highest trading level at $1.061 during the session, while it also had its lowest trading level at $1.01.
Ratios:
For a better understanding of SVRN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.46 and its Current Ratio is at 2.77. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SVRN now has a Market Capitalization of 34643476 and an Enterprise Value of -25452508. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 0.00. Its current Enterprise Value per Revenue stands at -1.31 whereas that against EBITDA is 5.16.
Stock Price History:
The Beta on a monthly basis for SVRN is 1.16, which has changed by -0.96216214 over the last 52 weeks, in comparison to a change of 0.14446163 over the same period for the S&P500. Over the past 52 weeks, SVRN has reached a high of $79.25, while it has fallen to a 52-week low of $1.01. The 50-Day Moving Average of the stock is -30.29%, while the 200-Day Moving Average is calculated to be -92.06%.
Shares Statistics:
Over the past 3-months, SVRN traded about 343.13K shares per day on average, while over the past 10 days, SVRN traded about 121830 shares per day. A total of 31.12M shares are outstanding, with a floating share count of 23.08M. Insiders hold about 25.84% of the company’s shares, while institutions hold 2.38% stake in the company. Shares short for SVRN as of 1764288000 were 243885 with a Short Ratio of 0.63, compared to 1760486400 on 306069. Therefore, it implies a Short% of Shares Outstanding of 243885 and a Short% of Float of 0.72000003.
