Market cap of OceanPal Inc [OP] reaches 12.08M – now what?

TTWO

OceanPal Inc [NASDAQ: OP] surged by $0.89 during the normal trading session on while it closed the day at $1.61.

OceanPal Inc stock has also gained 127.08% of its value over the past 7 days. However, OP stock has inclined by 77.90% in the 3 months of the year. Over the past six months meanwhile, it has gained 14.18% and gained 38.79% year-on date.

The market cap for OP stock reached $12.08 million, with 7.50 million shares outstanding and 7.50 million shares in the current float. Compared to the average trading volume of 17.50K shares, OP reached a trading volume of 76005577 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about OceanPal Inc [OP]:

The Average True Range (ATR) for OceanPal Inc is set at 0.13, with the Price to Sales ratio for OP stock in the period of the last 12 months amounting to 0.47. The Price to Book ratio for the last quarter was 0.14, with the Price to Cash per share for the same quarter was set at 0.95.

OP stock trade performance evaluation

OceanPal Inc [OP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 127.08. With this latest performance, OP shares gained by 109.06% in over the last four-week period, additionally plugging by 14.18% over the last 6 months – not to mention a drop of -24.77% in the past year of trading.

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OceanPal Inc [OP]: An insightful look at the core fundamentals

OceanPal Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.46 and a Current Ratio set at 2.77.

OceanPal Inc [OP]: Institutional Ownership

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