Oceanpal Inc

Company Profile

Oceanpal Inc had its IPO on 2021-11-30 under the ticker symbol OP.

The company operates in the Industrials sector and Marine Shipping industry. Oceanpal Inc has a staff strength of 0 employees.

Stock update

Shares of Oceanpal Inc opened at $1.64 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.64 - $1.7, and closed at $1.66.

This is a -1.19% slip from the previous day's closing price.

A total volume of 23,070 shares were traded at the close of the day’s session.

In the last one week, shares of Oceanpal Inc have slipped by -2.92%.

Oceanpal Inc's Key Ratios

Oceanpal Inc has a market cap of $6.07 million, indicating a price to book ratio of 0.0673 and a price to sales ratio of 0.4993.

In the last 12-months Oceanpal Inc’s revenue was $20.12 million with a gross profit of $0 and an EBITDA of $-590000. The EBITDA ratio measures Oceanpal Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Oceanpal Inc’s operating margin was -28.28% while its return on assets stood at -4.43% with a return of equity of -0.05%.

In Q2, Oceanpal Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 18.2%.

Oceanpal Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-16.36 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Oceanpal Inc’s profitability.

Oceanpal Inc stock is trading at a EV to sales ratio of 0.089 and a EV to EBITDA ratio of 2.1084. Its price to sales ratio in the trailing 12-months stood at 0.4993.

Oceanpal Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$97.56 million

Total Liabilities

$0

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Oceanpal Inc ended 2024 with $97.56 million in total assets and $0 in total liabilities. Its intangible assets were valued at $97.56 million while shareholder equity stood at $94.95 million.

Oceanpal Inc ended 2024 with $0 in deferred long-term liabilities, $0 in other current liabilities, in common stock, $0 in retained earnings and $0 in goodwill. Its cash balance stood at $17.60 million and cash and short-term investments were $17.60 million. The company’s total short-term debt was $0 while long-term debt stood at $0.

Oceanpal Inc’s total current assets stands at $22.42 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $0 and inventory worth $0.

In 2024, Oceanpal Inc's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Oceanpal Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.66

52-Week High

$84

52-Week Low

$1.26

Analyst Target Price

$

Oceanpal Inc stock is currently trading at $1.66 per share. It touched a 52-week high of $84 and a 52-week low of $84. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $1.65 and 200-day moving average was $10.83 The short ratio stood at 0.29 indicating a short percent outstanding of 0%.

Around 552.2% of the company’s stock are held by insiders while 1693.9% are held by institutions.