company background image
OP logo

OceanPal NasdaqCM:OP Stock Report

Last Price

US$2.56

Market Cap

US$19.1m

7D

-0.8%

1Y

-37.0%

Updated

19 May, 2024

Data

Company Financials

OP Stock Overview

Provides ocean-going transportation services worldwide.

OP fundamental analysis
Snowflake Score
Valuation1/6
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$2.56
52 Week HighUS$4.54
52 Week LowUS$1.26
Beta0.52
1 Month Change0.74%
3 Month Change16.30%
1 Year Change-36.98%
3 Year Changen/a
5 Year Changen/a
Change since IPO-99.75%

Recent News & Updates

Market Might Still Lack Some Conviction On OceanPal Inc. (NASDAQ:OP) Even After 46% Share Price Boost

Mar 29
Market Might Still Lack Some Conviction On OceanPal Inc. (NASDAQ:OP) Even After 46% Share Price Boost

Recent updates

Market Might Still Lack Some Conviction On OceanPal Inc. (NASDAQ:OP) Even After 46% Share Price Boost

Mar 29
Market Might Still Lack Some Conviction On OceanPal Inc. (NASDAQ:OP) Even After 46% Share Price Boost

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
7D-0.8%2.8%1.7%
1Y-37.0%52.0%26.3%

Return vs Industry: OP underperformed the US Shipping industry which returned 51.9% over the past year.

Return vs Market: OP underperformed the US Market which returned 26.3% over the past year.

Price Volatility

Is OP's price volatile compared to industry and market?
OP volatility
OP Average Weekly Movement8.5%
Shipping Industry Average Movement4.7%
Market Average Movement5.9%
10% most volatile stocks in US Market16.0%
10% least volatile stocks in US Market2.8%

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

Volatility Over Time: OP's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021n/aRobert Perriwww.oceanpal.com

OceanPal Inc. provides ocean-going transportation services worldwide. The company owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks, including bauxite, phosphate, and fertilizers. As of December 31, 2023, 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$19.07m
Earnings (TTM)-US$6.71m
Revenue (TTM)US$18.96m

1.0x

P/S Ratio

-2.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OP income statement (TTM)
RevenueUS$18.96m
Cost of RevenueUS$13.42m
Gross ProfitUS$5.54m
Other ExpensesUS$12.25m
Earnings-US$6.71m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.90
Gross Margin29.21%
Net Profit Margin-35.38%
Debt/Equity Ratio0%

How did OP perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.