In the last trading session, 1.08 million OceanPal Inc (NASDAQ:OP) shares changed hands as the company’s beta touched 1.30. With the company’s per share price at $1.64 changed hands at -$0.18 or -9.89% during last session, the market valuation stood at $12.31M. OP’s last price was a discount, traded about -93.29% off its 52-week high of $3.17. The share price had its 52-week low at $0.63, which suggests the last value was 61.59% up since then. When we look at OceanPal Inc’s average trading volume, we note the 10-day average is 7.41 million shares, with the 3-month average coming to 4.39 million.
OceanPal Inc (NASDAQ:OP) trade information
Instantly OP was in red as seen at the end of in last trading. With action 20.59%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -16.33%, with the 5-day performance at 20.59% in the green. However, in the 30-day time frame, OceanPal Inc (NASDAQ:OP) is -43.45% down. Looking at the short shares, we see there were 6540.0 shares sold at short interest cover period of 0.0 days.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 42.55%.
OP Dividends
OceanPal Inc is expected to release its next quarterly earnings report in August.
OceanPal Inc (NASDAQ:OP)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 78.61% of OceanPal Inc shares while 0.27% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 1.28%. There are 0.27% institutions holding the OceanPal Inc stock share, with CITADEL ADVISORS LLC the top institutional holder. As of 2024-06-30, the company held 0.3099% of the shares, roughly 23094.0 OP shares worth $42955.0.
SQUAREPOINT OPS LLC holds the second largest percentage of outstanding shares, with 0.1352% or 10074.0 shares worth $18738.0 as of 2024-06-30.
With 54.0 shares estimated at $88.0 under it, the former controlled 0.00% of total outstanding shares.
