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OceanPal NasdaqCM:OP Stock Report

Last Price

US$2.72

Market Cap

US$21.4m

7D

4.2%

1Y

-63.7%

Updated

26 Mar, 2024

Data

Company Financials

OP Stock Overview

OceanPal Inc. provides ocean-going transportation services worldwide.

OP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

OceanPal Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for OceanPal
Historical stock prices
Current Share PriceUS$2.72
52 Week HighUS$7.84
52 Week LowUS$1.26
Beta0.34
1 Month Change44.68%
3 Month Change19.30%
1 Year Change-63.73%
3 Year Changen/a
5 Year Changen/a
Change since IPO-99.74%

Recent News & Updates

OceanPal Inc.'s (NASDAQ:OP) Shares Leap 32% Yet They're Still Not Telling The Full Story

Jan 09
OceanPal Inc.'s (NASDAQ:OP) Shares Leap 32% Yet They're Still Not Telling The Full Story

Recent updates

OceanPal Inc.'s (NASDAQ:OP) Shares Leap 32% Yet They're Still Not Telling The Full Story

Jan 09
OceanPal Inc.'s (NASDAQ:OP) Shares Leap 32% Yet They're Still Not Telling The Full Story

OceanPal enters time charter contract for m/v Baltimore

Sep 21

OceanPal declares $0.01 dividend

Aug 02

OceanPal: Messy Junior Dry Bulk Shipper To Conduct Another Dilutive Offering - Sell

Jun 16

Why I Initiated A Trading Position In Messy Junior Dry Bulk Shipper OceanPal

Feb 10

Shareholder Returns

OPUS ShippingUS Market
7D4.2%2.1%0.6%
1Y-63.7%24.6%29.5%

Return vs Industry: OP underperformed the US Shipping industry which returned 24% over the past year.

Return vs Market: OP underperformed the US Market which returned 29.8% over the past year.

Price Volatility

Is OP's price volatile compared to industry and market?
OP volatility
OP Average Weekly Movement9.0%
Shipping Industry Average Movement4.9%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: OP's share price has been volatile over the past 3 months.

Volatility Over Time: OP's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021n/aRobert Perrihttps://www.oceanpal.com

OceanPal Inc. provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers. As of December 31, 2022, its fleet consisted of five dry bulk carriers, which include three Panamaxes and two Capesize vessels with a cargo carrying capacity of approximately 572,599 deadweight tons.

OceanPal Inc. Fundamentals Summary

How do OceanPal's earnings and revenue compare to its market cap?
OP fundamental statistics
Market capUS$21.39m
Earnings (TTM)-US$6.75m
Revenue (TTM)US$18.87m

1.1x

P/S Ratio

-3.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OP income statement (TTM)
RevenueUS$18.87m
Cost of RevenueUS$15.30m
Gross ProfitUS$3.58m
Other ExpensesUS$10.33m
Earnings-US$6.75m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.91
Gross Margin18.95%
Net Profit Margin-35.79%
Debt/Equity Ratio0%

How did OP perform over the long term?

See historical performance and comparison
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