Ocean Biomedical Inc (NASDAQ: OCEA) is -67.00% lower on its value in year-to-date trading and has touched a low of $0.18 and a high of $7.79 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OCEA stock was last observed hovering at around $0.20 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.18, the stock is -62.67% and -69.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.84 million and changing -6.94% at the moment leaves the stock -82.29% off its SMA200. OCEA registered -67.88% loss for a year compared to 6-month loss of -84.40%. The firm has a 50-day simple moving average (SMA 50) of $0.6003 and a 200-day simple moving average (SMA200) of $1.03828.
The stock witnessed a -67.00% gain in the last 1 month and extending the period to 3 months gives it a -79.02%, and is -46.79% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 52.26% over the week and 24.19% over the month.
Ocean Biomedical Inc (OCEA) has around 7 employees, a market worth around $6.36M and $0.00M in sales. Distance from 52-week low is 0.22% and -97.66% from its 52-week high.
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Ocean Biomedical Inc (OCEA) Top Institutional Holders
The shares outstanding are 34.87M, and float is at 10.41M with Short Float at 4.90%.
Ocean Biomedical Inc (OCEA) Insider Activity
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