OceanPal Inc [NASDAQ: OP] loss -61.59% or -1.01 points to close at $0.63 with a heavy trading volume of 55592939 shares.
It opened the trading session at $0.4944, the shares rose to $0.819 and dropped to $0.4701, the range by which the price of stock traded the whole day. The daily chart for OP points out that the company has recorded -49.19% loss over the past six months.
If we look at the average trading volume of 4.34M shares, OP reached to a volume of 55592939 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about OceanPal Inc [OP]:
The Price to Book ratio for the last quarter was 0.06, with the Price to Cash per share for the same quarter was set at 0.95.
Trading performance analysis for OP stock
OceanPal Inc [OP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -66.49. With this latest performance, OP shares dropped by -71.36% in over the last four-week period, additionally sinking by -49.19% over the last 6 months – not to mention a drop of -45.69% in the past year of trading.
OceanPal Inc [OP]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and OceanPal Inc [OP] shares currently have an operating margin of -20.41% and a Gross Margin at 8.98%. OceanPal Inc’s Net Margin is presently recorded at -76.76%.
OceanPal Inc (OP) Capital Structure & Debt Analysis
According to recent financial data for OceanPal Inc. ( OP), the Return on Equity (ROE) stands at -20.19%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -19.38%, reflecting the company’s efficiency in generating profits from its assets. Additionally, OceanPal Inc’s Return on Invested Capital (ROIC) is -23.38%, showcasing its effectiveness in deploying capital for earnings.
OceanPal Inc (OP) Efficiency & Liquidity Metrics
Based on OceanPal Inc’s (OP) latest financial statements, the Debt-to-Equity Ratio is 0.00%, indicating its reliance on debt financing relative to shareholder equity.
OceanPal Inc (OP) Efficiency & Liquidity Metrics
From an operational efficiency perspective, OceanPal Inc. (OP) effectively leverages its workforce, generating an average of -$226781.61 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.77% and a Quick Ratio of 2.46%, indicating strong ability to cover short-term liabilities.
An analysis of Institutional ownership at OceanPal Inc [OP]
There are presently around $0.27%, or 1.28%% of OP stock, in the hands of institutional investors. The top three institutional holders of OP stocks are: CITADEL ADVISORS LLC with ownership of 23094.0 shares, which is approximately 0.3099%. SQUAREPOINT OPS LLC, holding 10074.0 shares of the stock with an approximate value of $$18738.0 in OP stocks shares; and SQUAREPOINT OPS LLC, currently with $$2762.0 in OP stock with ownership which is approximately 0.0199%.
