Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of OceanPal Inc (NASDAQ: OP) was $1.08 for the day, down -5.26% from the previous closing price of $1.14. In other words, the price has decreased by -$5.26 from its previous closing price. On the day, 0.52 million shares were traded. OP stock price reached its highest trading level at $1.138 during the session, while it also had its lowest trading level at $1.07.
Ratios:
Our analysis of OP’s different ratios will help us gain a deeper understanding of the company. 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 7667039 and an Enterprise Value of -25440430. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 0.10. Its current Enterprise Value per Revenue stands at -1.309 whereas that against EBITDA is 4.837.
Stock Price History:
The Beta on a monthly basis for OP is 1.13, which has changed by -0.9702069 over the last 52 weeks, in comparison to a change of 0.20221436 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 $1.11. The 50-Day Moving Average of the stock is -93.34%, while the 200-Day Moving Average is calculated to be -95.49%.
Shares Statistics:
OP traded an average of 1.18M shares per day over the past three months and 977060 shares per day over the past ten days. A total of 7.50M shares are outstanding, with a floating share count of 5.11M. 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 1.13.
