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OceanPal Inc ( (OP) ) has shared an update.
On June 30, 2025, OceanPal Inc. received notification from Nasdaq confirming that it had cured its minimum bid price deficiency, regaining compliance with Listing Rule 5550(a)(2). This compliance was achieved as the company’s common shares maintained a closing bid price of at least US$1.00 per share for 10 consecutive trading days, from June 13 to June 27, 2025. This development is significant for OceanPal as it ensures the company’s continued listing on Nasdaq, which is crucial for maintaining investor confidence and market presence.
Spark’s Take on OP Stock
According to Spark, TipRanks’ AI Analyst, OP is a Neutral.
OceanPal Inc’s stock score is low primarily due to significant financial challenges, including negative profitability and cash flow issues. The stable debt-free balance sheet is a positive, but technical indicators and valuation metrics provide little support for upward momentum.
To see Spark’s full report on OP stock, click here.
More about OceanPal Inc
OceanPal Inc. is a global provider of shipping transportation services, specializing in the ownership and operation of dry bulk vessels and product tankers. The company is engaged in the seaborne transportation of bulk commodities, including iron ore, coal, and grain, as well as refined petroleum products. OceanPal’s fleet is primarily employed on time charter trips with short to medium duration and spot charters, with a strategic focus on maximizing long-term shareholder value.
Average Trading Volume: 3,181,152
Technical Sentiment Signal: Buy
Current Market Cap: $15.01M
For an in-depth examination of OP stock, go to TipRanks’ Overview page.