Ocean Biomedical Inc (NASDAQ: OCEA) is -88.44% lower on its value in year-to-date trading and has touched a low of $0.05 and a high of $4.68 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 $0.06 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.06, the stock is -19.79% and -69.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.9 million and changing 2.90% at the moment leaves the stock -91.87% off its SMA200. OCEA registered -98.62% loss for a year compared to 6-month loss of -93.54%. The firm has a 50-day simple moving average (SMA 50) of $0.21172 and a 200-day simple moving average (SMA200) of $0.7861.
The stock witnessed a -49.53% gain in the last 1 month and extending the period to 3 months gives it a -89.04%, and is 3.06% up 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 18.36% over the week and 15.35% over the month.
Ocean Biomedical Inc (OCEA) has around 7 employees, a market worth around $8.98M and $0.00M in sales. Distance from 52-week low is 25.05% and -98.63% from its 52-week high.
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Ocean Biomedical Inc (OCEA) Top Institutional Holders
26.0 institutions hold shares in Ocean Biomedical Inc (OCEA), with institutional investors hold 3.13% of the company’s shares. The shares outstanding are 140.59M, and float is at 117.78M with Short Float at 4.86%. Institutions hold 2.60% of the Float.
Ocean Biomedical Inc (OCEA) Insider Activity
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