Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, OceanPal Inc (NASDAQ: OP) closed at $2.01 down -8.64% from its previous closing price of $2.2. In other words, the price has decreased by -$8.64% from its previous closing price. On the day, 1.81 million shares were traded. OP stock price reached its highest trading level at $2.09 during the session, while it also had its lowest trading level at $1.82.
Ratios:
For a deeper understanding of OceanPal Inc’s stock, let’s take a closer look at its various 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, OP now has a Market Capitalization of 15085010 and an Enterprise Value of 7930014. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 0.18. Its current Enterprise Value per Revenue stands at 0.309 whereas that against EBITDA is -1.284.
Stock Price History:
The Beta on a monthly basis for OP is 0.89, which has changed by 0.06349206 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, OP has reached a high of $3.17, while it has fallen to a 52-week low of $0.63. The 50-Day Moving Average of the stock is 118.66%, while the 200-Day Moving Average is calculated to be 67.54%.
Shares Statistics:
For the past three months, OP has traded an average of 3.01M shares per day and 19054550 over the past ten days. A total of 7.50M shares are outstanding, with a floating share count of 7.50M. Insiders hold about 0.00% of the company’s shares, while institutions hold 0.27% stake in the company. Shares short for OP as of 1748563200 were 4910 with a Short Ratio of 0.00, compared to 1745971200 on 10867. Therefore, it implies a Short% of Shares Outstanding of 4910 and a Short% of Float of 0.33999999999999997.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0