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The price of OceanPal Inc (NASDAQ: OP) closed at $1.45 in the last session, down -8.23% from day before closing price of $1.58. In other words, the price has decreased by -$8.23 from its previous closing price. On the day, 0.51 million shares were traded. OP stock price reached its highest trading level at $1.5789 during the session, while it also had its lowest trading level at $1.45.
Ratios:
We take a closer look at OP’s different ratios to gain a better understanding of the stock. 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 242734368 and an Enterprise Value of -25329234. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38 while its Price-to-Book (P/B) ratio in mrq is 0.13. Its current Enterprise Value per Revenue stands at -1.303 whereas that against EBITDA is 4.815.
Stock Price History:
The Beta on a monthly basis for OP is 1.12, which has changed by -0.96397513 over the last 52 weeks, in comparison to a change of 0.15109766 over the same period for the S&P500. Over the past 52 weeks, OP has reached a high of $79.25, while it has fallen to a 52-week low of $1.45. The 50-Day Moving Average of the stock is -92.77%, while the 200-Day Moving Average is calculated to be -94.13%.
Shares Statistics:
According to the various share statistics, OP traded on average about 1.13M shares per day over the past 3-months and 1836810 shares per day over the past 10 days. A total of 137.40M shares are outstanding, with a floating share count of 127.73M. Insiders hold about 7.04% of the company’s shares, while institutions hold 0.05% stake in the company. Shares short for OP as of 1755216000 were 72833 with a Short Ratio of 0.06, compared to 1752537600 on 72521. Therefore, it implies a Short% of Shares Outstanding of 72833 and a Short% of Float of 0.05.
