Streetbeat News

OceanPal Inc.

https://www.oceanpal.com

Industry

Marine Shipping

OceanPal Inc. focuses on the provision of ocean-going transportation services. 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 November 29, 2021, its fleet consisted of 3 dry bulk vessels, which include 2 Panamax and 1 Capesize vessels. The company is based in Athens, Greece.

Open

1.55

Mkt cap

12M

Volume

5.7K

High

1.60

P/E Ratio

-0.47

52-wk high

3.15

Low

1.51

Div yield

N/A

52-wk low

1.40

OceanPal reported a significant improvement in its Q4 earnings with a loss of $(0.42) per share, up from a loss of $(13.89) per share YoY. Sales also increased slightly to $5.81M from $5.72M YoY.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 1:24 pm

In Monday's pre-market session, several industrials stocks showed significant movement. Gainers included Antelope Ent Hldgs (AEHL) with a 33.3% rise, and losers featured Caravelle Intl Gr (CACO) with a 17.4% decline. Other notable movements were seen in stocks like Ducommun (DCO), EHang Holdings (EH), and Li-Cycle Holdings (LICY), among others, with various factors such as Q4 earnings influencing the market.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 12:09 pm

In Tuesday's pre-market session, VirTra, SKYX Platforms, Lichen China, SolarMax Technology, Freight Technologies, and Royalty Management Holdings saw gains, while Microvast Holdings, GE Aerospace, Pioneer Power Solutions, Terran Orbital, Nauticus Robotics, and OceanPal experienced declines. The movements were largely driven by the release of Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 12:07 pm

In Wednesday's pre-market session, several industrials stocks showed notable movements. Gainers included Mesa Air Group, voxeljet, Microvast Holdings, Blade Air Mobility, Bridger Aerospace Group, and Complete Solaria with increases ranging from 6.0% to 10.2%. On the losing side, Momentus, OceanPal, NeoVolta, Solidion Technology, Singularity Future Tech, and Richtech Robotics saw declines between 4.58% and 19.2%. Bridger Aerospace Group's movement was attributed to its Q4 earnings report released the previous day.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 1:05 pm

In Friday's pre-market session, several industrials stocks showed significant movement. Notably, Jet AI, Solidion Technology, and American Rebel Holdings were among the top gainers, with Jet AI leading at a 57.3% increase. On the downside, C3is experienced a significant drop of 66.2%, followed by Babcock & Wilcox and NuScale Power due to their Q4 earnings reports. Other stocks such as Desktop Metal, Li-Cycle Holdings, voxeljet, Gaucho Group Holdings, ShiftPixy, and OceanPal also saw movements.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 1:06 pm

In Thursday's after-market session, several industrials stocks saw significant movements. Staffing 360 Solutions, Greenwave Tech Solns, Alta Equipment Group, Earlyworks Co, NeoVolta, and JE Cleantech Hldgs were among the gainers, with Alta Equipment Group's stock rising after Q4 earnings were released. On the losing side, Babcock & Wilcox, Blink Charging, and others saw declines, with both Babcock & Wilcox and Blink Charging's stocks falling following their Q4 earnings announcements.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 9:33 pm

Anamar Investments Inc. has disclosed an 8.67% active stake in OceanPal, indicating a significant investment in the company.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 2:33 pm

The article highlights Avis Budget Group, Inc. (NASDAQ:CAR) and OceanPal Inc. (NASDAQ:OP) as the top 2 oversold industrials stocks that may see significant growth this quarter. Avis Budget Group announced the pricing of €600 million of senior notes, leading to a 40% stock price drop over the past month, but shares gained 5% recently. OceanPal Inc. saw a 15% stock price drop over the past five days after a 13G filing showed an 8% stake by Maria Margaroni, with shares falling 9.6% recently.

Portfolio Pulse from Avi Kapoor

February 26, 2024 | 12:36 pm

In Friday's after-market session, several industrials stocks showed notable movements. JE Cleantech Holdings, Pineapple Energy, Vast Renewables, View, Swvl Holdings, and C3is were among the gainers, with JE Cleantech leading with a 23.0% increase. On the downside, WANG & LEE Group, Intelligent Living, Sidus Space, Sunworks, BlackSky Technology, and OceanPal experienced declines, with WANG & LEE Group leading the losses at 6.0%.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 9:31 pm

In Thursday's after-market session, several industrial stocks experienced movement. OceanPal (OP) and American Rebel Holdings (AREB) were among the gainers, with increases of 4.8% and 4.18%, respectively. GrafTech International (EAF), Tritium DCFC (DCFC), Hydrofarm Holdings Group (HYFM), and VCI Global (VCIG) also saw their stocks rise. On the losing side, C3is (CISS) and Roma Green Finance (ROMA) shares fell by 8.4% and 4.86%, respectively. Richtech Robotics (RR), Swvl Hldgs (SWVL), ADS-TEC Energy (ADSE), and Innovate (VATE) also experienced declines in their stock prices.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 9:31 pm

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