How to Buy Oceanpal Stock
Oceanpal Inc
OceanPal, Inc. is a holding company, which engages in the provision of shipping transportation services. It also specializes in the ownership of vessels.
Oceanpal stock last closed at $0.87, down 9.13% from the previous day, and has decreased 96.88% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.84 percentage points. Oceanpal stock is currently +2.85% from its 52-week low of $0.84, and -98.91% from its 52-week high of $79.25.
There are currently 304,448 shares of SVRN outstanding. The market cap of SVRN is $263.65k. In the past 24 hours, 89,000 SVRN shares were traded.
How to Buy Oceanpal Stock
Wondering how to invest in Oceanpal stock? Here's how.
- Choose where to buy Oceanpal stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Oceanpal stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your payment method and add your information.
- Evaluate Oceanpal stock: The Oceanpal ticker symbol is SVRN. Is Oceanpal stock a good investment? Should you buy shares of SVRN? How do SVRN's underlying business fundamentals look? Do top analysts think Oceanpal is a good buy? Why has SVRN's stock price moved recently? (Hint: Our stock research website can help you decide if SVRN is a good stock to buy).
- Execute your SVRN trade: Decide if you will purchase SVRN shares at the current market price or use a limit order to buy SVRN stock at a specific price.
- Keep tabs on your SVRN position: Create a watchlist to important notifications about your investment in Oceanpal stock.
Step 1: Choose where to buy Oceanpal stock
You will need a brokerage account in order to access the NASDAQ market and buy SVRN stock.
Our preferred brokerage: eToro
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your stock purchase by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal information so you are able to invest in SVRN stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start your new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on the greatest app to buy stocks, you need to deposit funds:
Check out this video walkthrough to see the process of depositing funds into your new investment account.
Step 4: Evaluate Oceanpal stock
After you have chosen the best place to buy Oceanpal stock, it's very important to research their stock before you invest, so you truly understand the risk as well as the upside.
Overview of key SVRN info
SVRN Overview
WallStreetZen was created to help average investors do more accurate fundamental analysis.
You can view all of the due diligence checks on SVRN's stock page.
Is SVRN stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge SVRN's fair value.
Using relative valuations metrics:
- SVRN may be undervalued based on its P/B ratio of 0x, relative to Marine Shipping industry P/B ratio of 1.02x
You can do additional valuation research on SVRN's stock here.
SVRN Financial Summary
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the SVRN balance sheet.
- SVRN has a low debt to equity ratio of 0.06.
- There are more short-term assets than long-term liabilities on the SVRN balance sheet.
Negative Health Checks:
- SVRN earnings of -$18.68M is not sufficient to cover its interest payments.
- SVRN's operating cash flow of -$1.30M allows it to safely service it's debt of $0.00.
- SVRN profit margin has gone down from -77.2% to -109.7% in the past year.
Metrics for Advanced SVRN Traders
SVRN Performance Metrics
Last year, SVRN revenue was $19.44M. Over the last three year, SVRN's revenue has grown by 165.46% per year. This was faster than the Marine Shipping industry average of 14.36%.
You can analyze SVRN's earnings and revenue performance here.
Are SVRN executives and large shareholders buying or selling the stock?
In the last year, insiders at SVRN have not bought or sold any shares.
Get more info about who owns SVRN stock here.
Can I get consistent income from SVRN stock?
No, Oceanpal doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your SVRN trade
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, use a limit order.
Hit the Open button and your broker will execute the order.
If you need additional help investing in stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your SVRN position
Now that you own some shares in SVRN, you'll want to keep up with your new company.
Add SVRN to a watchlist to get notified of the latest news about your SVRN stock.
SVRN Feed
How to Buy Stock in Oceanpal
To summarize, here are the 6 steps to buy stock in Oceanpal:
- Choose where to buy Oceanpal stock
- Create your brokerage account
- Deposit money your investment account
- Evaluate Oceanpal stock
- Execute your SVRN trade
- Keep tabs on your SVRN position
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Oceanpal, create a watchlist on WallStreetZen today.
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