Ocean Biomedical Inc (NASDAQ: OCEA) is -90.24% lower on its value in year-to-date trading and has touched a low of $0.05 and a high of $3.85 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 -0.01%.
Currently trading at $0.05, the stock is -24.65% and -65.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 22.47 million and changing -15.09% at the moment leaves the stock -92.80% off its SMA200. OCEA registered -98.67% loss for a year compared to 6-month loss of -94.19%. The firm has a 50-day simple moving average (SMA 50) of $0.15616 and a 200-day simple moving average (SMA200) of $0.75011.
The stock witnessed a -46.00% gain in the last 1 month and extending the period to 3 months gives it a -90.39%, and is -15.49% 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 45.01% over the week and 22.85% over the month.
Distance from 52-week low is 5.68% and -98.60% 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 0.19%. Institutions hold 2.60% of the Float.
Ocean Biomedical Inc (OCEA) Insider Activity
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