OceanPal Inc. (NASDAQ:OP) went down by -0.67% from its latest closing price compared to the recent 1-year high of $12.09. The company’s stock price has collected -4.59% of loss in the last five trading sessions.
Is It Worth Investing in OceanPal Inc. (NASDAQ :OP) Right Now?
Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for OceanPal Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
OP currently public float of 29.20M and currently shorts hold a 2.00% ratio of that float. Today, the average trading volume of OP was 370.31K shares.
OP’s Market Performance
OP stocks went down by -4.59% for the week, with a monthly jump of 1.88% and a quarterly performance of -46.78%. The volatility ratio for the week stands at 8.30% while the volatility levels for the past 30 days are set at 11.32% for OceanPal Inc. The simple moving average for the period of the last 20 days is -1.35% for OP stocks with a simple moving average of -53.40% for the last 200 days.
OP Trading at -20.36% from the 50-Day Moving Average
After a stumble in the market that brought OP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.16% of loss for the given period.
Volatility was left at 11.32%, however, over the last 30 days, the volatility rate increased by 8.30%, as shares sank -4.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -45.78% lower at present.
During the last 5 trading sessions, OP fell by -4.59%, which changed the moving average for the period of 200-days by -45.06% in comparison to the 20-day moving average, which settled at $0.2248. In addition, OceanPal Inc. saw -89.05% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for OP
Current profitability levels for the company are sitting at:
- +10.04 for the present operating margin
- +69.42 for the gross margin
The net margin for OceanPal Inc. stands at +10.04.
The liquidity ratio also appears to be rather interesting for investors as it stands at 3.44.