The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for OceanPal Inc. (OP) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 2.04%, to $0.50. The OceanPal Inc. has recorded 15,031 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that OceanPal Inc. Announces Closing of Approximately US$15.2 Million Public Offering.
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OceanPal Inc. is listed on the NASDAQ as a member of the Industrials sector and is a part of the Marine Shipping industry. At the end of the last regular session, the stock closed at $0.49 and fluctuated between $0.5084 as its day high and $0.4800 as its day low. The current market capitalization of OceanPal Inc. is $12.95M. A total of 0.76 million shares were traded on the day, compared to an average of 1.07M shares.
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. OP’s most recent ex-dividend date was 8/11/2022 when it declared a $0.01 quarterly dividend that was paid in cash on 8/31/2022. Previously, the company paid the dividend on 6/21/2022 with an ex-dividend date of 6/13/2022. The OP stock dividend was $0.01 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, OP has a high of $17.60 and a low of $0.47.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock.